12.03.2015 - Hedge funds see second consecutive month of gains, up 1.59% (est.) in February, 2.41% YTD
Hedge funds extended their gains in the second month of 2015, with the Eurekahedge Hedge Fund Index up 1.59% in February, trailing the MSCI World Index which ended the month with a strong finish, gaining 5.47%. All regional and strategic mandates ended the month in positive territory with managers focused on developed markets posting the strongest returns. Investor allocation activity saw an uptick in February as hedge funds recorded inflows of US$6.8 billion during the month. Distressed debt funds delivered the best performance among all strategic mandates, up 3.03% in February as their bets on distressed oil and gas producers paid off. India focused managers were down 0.51% during the month - their first month of negative returns after a 12 month winning streak...............................................Full Article: Source
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