Hedge Funds Add 0.9% To Open '13

Feb 7 2013 | 11:15am ET

Hedge funds enjoyed their best month since September, according to the Bloomberg Hedge Fund Aggregate Index, although they continued to badly trail the broader markets.

The Bloomberg Index rose 0.9% last month, 31 days that saw the Standard & Poor's 500 Index add 5.1%.

Bloomberg said its index had missed its benchmark, the MSCI All-Country World Index, in all but two years since its debut in 2006. That index rose 4.6% last month.

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