Hedge Funds Add 0.34% In February

Mar 3 2010 | 6:41am ET

After their hot 2009, hedge funds are off to a slow start in 2010.

The average hedge fund is flat through the first two months of the year, according to Bank of America Merrill Lynch. Analysts at the bank said the average fund rose 0.34% in Feburary.

“Overall, hedge funds are still cautious on equities, but appear to have returned to commodities,” the bank’s analysts wrote in a research note.

BofA also said that hedge funds have boosted their bets against the euro. Those positions have led to a collusion investigation by the U.S. Justice Dept.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

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

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of