Hennessee: Hedge Funds Up 1.2% In Feb., Lag S&P500

Mar 5 2010 | 3:19pm ET

Hedge funds’ losing way didn’t last long, as the average fund posted gains in February. Unfortunately, according to the Hennessee Group, the broader markets did considerably better on the month.

The Hennessee Hedge Fund Index returned 1.2% last month. The Standard & Poor’s 500 Index did better than twice as well, rising 3.1%.

On the other hand, hedge funds are still outperforming stocks in the early going of 2010. The Hennessee Index is up 0.6%; the S&P 500 is down the same amount.


In Depth

Q&A: SkyBridge’s Anthony Scaramucci Readies For Wall Street Week Debut

Apr 16 2015 | 12:56pm ET

Anthony Scaramucci, founder and managing director of asset management firm SkyBridge...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note