Hedge funds as measured by the
Greenwich Global Hedge Fund Index (“GGHFI”) gained across every major
strategy in February. The GGHFI gained 1.28% compared to global equity
returns in the S&P 500 Total Return +3.43%, MSCI World Equity +3.33%, and
FTSE 100 +2.24% equity indices. 75% of constituent funds in the GGHFI
ended the month with gains. “Hedge funds were led by directional strategies in February given the rise in equities and surging commodity prices,” notes Clint Binkley, Senior Vice President. “Tension in the Middle East is being overshadowed by strong corporate earnings and continued economic recovery which is reflected in the results of funds investing in developed markets.” Hedge Fund Strategy Highlights
The GGHFI is one of the oldest benchmarks of the hedge fund universe.
Final Strategy and Regional index results for February will be available in
early April, once additional funds have submitted returns. Past
performance and indices construction rules for all Greenwich Hedge Fund
Indices may be viewed at www.greenwichai.com.
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Industry Updates
Hedge funds deliver broad-based gains in February
Wednesday, March 09, 2011
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