Friday, 21 October 2016
Last updated 41 min ago
Mar 2 2010 | 4:32am ET
Hedge funds posted mixed returns in February, according to early estimates from the Dow Jones Hedge Fund Strategy Benchmarks.
Equity long/short funds added 1.11% last month, but it was the only strategy in the black in February.
Event-drive funds dipped 0.7% on the month, and merger arbitrage funds lost 0.92%.
After the first two months of the year, long/short funds are up 0.83%, merger arbitrage funds down 0.98%, and event-driven funds perfectly flat.
Dow Jones’ convertible arbitrage, distressed securities and equity market-neutral indices all remained suspended in February.