Wednesday, 1 July 2015
Last updated 1 hour ago
Mar 11 2010 | 2:50pm ET
Hedge funds got into positive territory for 2010 last month, according to HedgeFund.net’s indices.
The HFN Hedge Fund Aggregate Index rose 1% in February, erasing January’s decline and leaving the index up 0.46% in the first two months of the year.
Special situations funds were the strongest performers on the month, adding 5.53% (6.1% year-to-date). Regulation D funds returned, on average 3.63% (5.31% YTD) and options strategies 3.25% (3.98% YTD). Value funds rose 2.37% (2.93% YTD) and technology sectors funds 2.07% (down 1.07% YTD).
Just three strategy indices are in the red so far on the month—six of the indices have not had enough funds report. Short-bias funds suffered as markets rallied in February, dropping 2.62% during the year’s shortest month (down 0.5% YTD). Healthcare funds lost 1.39% (down 1.56% YTD) and emerging markets funds fell 0.5% (down 0.7% YTD).
Regionally, North American hedge funds did best last month, rising 1.83% (1.56% YTD), with U.S. funds up 1.77% (1.53% YTD). Latin America funds added 0.87% (0.28% YTD), led by Brazilian funds with a 1.98% return (down 1.25% YTD).
Of the six regional indices, only Asian funds posted a loss in February, and only barely, dropping 0.01% (down 0.87% YTD). Russian hedge funds were the hardest hit of all HFN’s country-specific indices, dropped 2.53% on the month (up 0.23% YTD).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…