HFN: Hedge Funds Add 1% In February

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).


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Top 5 Predicted Outcomes Of CalPERS' Hedge Fund Divestment

Sep 22 2014 | 8:35am ET

CalPERS’ announcement to divest of hedge funds has created a significant buzz...

 

Videos

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.