Hedge funds marginally up in February
The year-to-date performance for hedge funds globally is still in the red -– but only by 18 basis points. However, Asian funds are down further.
The HFRI Fund Weighted Composite Index recorded a gain of 0.52% for February, following a slight down month in January, bringing 2010 performance to an overall decline of -0.18%.
Asian funds underperformed -- with the regional hedge fund index falling by 0.71%. Funds in Asia are now down 2.55% in 2010.
After two months of losses, macro strategies were the best performers, with a gain of 0.75% for February, according to HFRI.
The individual fund numbers are now out for the full year…
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