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Komfie Manalo, Opalesque Asia:

The dissident voice of the outspoken shareholder activist grew slightly louder in February, as event driven hedge funds led a strong month of hedge fund industry gains, with the HFRI ED: Activist Index posting the strongest monthly gain in two years, as reported by Hedge Fund Research (HFR).

Overall, the HFRI Fund Weighted Composite Index posted a gain of +1.85% for the month, the best performance for the broad-based composite since February 2014, with gains across all strategies led by event driven, equity hedge and a recovery in energy-focused strategies. The HFRI Fund of Hedge Funds Index advanced +1.63% for the month.

"The favorable trend toward shareholder activist hedge funds accelerated in February, with strong performance fueling investor demand for strategies with the expertise, capital and presence to effectively execute in the activist space," stated Kenneth J. Heinz, President of HFR. He added, "The combination of variables which has contributed to the Activist trends, including high corporate cash holdings, improving investor risk tolerance and equity market gains which expose poor management strategy execution, show no signs of slowing, even with categorical strategy volatility from last October. The captive and growing audience of global investors interested in improving strategy, governance and r......................

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