Dow Jones: February A Mixed Month For Hedge Funds

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.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of