Hedge Funds Gain 2.20% In February

Mar 13 2014 | 7:45am ET

Hedge funds returned 2.20% in February, according to the SS&C GlobeOp Hedge Fund Performance Index.

This brings year-to-date returns for hedge funds to 3.49%, according to the hedge fund administrator.

The results mean hedge funds trailed the S&P 500 last month; the stock index  gained 3.75% in February.

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.91% in March.

"Net flows were positive again for the month, with capital activity in line with historical averages," said Bill Stone, chairman and chief executive officer of SS&C Technologies, in a statement.

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