Hedge Funds Bounce Back To Positive Territory

Mar 12 2008 | 9:27am ET

The Greenwich Global Hedge Fund Index returned 2.21% in February, rebounding from January’s decline of -2.79%, which was the worst return since 2002.

Last month the S&P 500 and MSCI World Equity posted negative returns of -3.32% and -0.74%, respectively, while the FTSE 100 gained +0.08%. All hedge fund strategy groups ended the month with gains.

“February’s rebound in the midst of market uncertainty continues to highlight the diversification benefits of hedge funds,” said Margaret Gilbert, managing director at Greenwich.

The Directional Trading Group’s 5.48% return was the strongest, driven largely by futures managers who capitalized on volatile commodities markets posting a February gain of 7.2%.

The Long/Short Equity Group strategies also benefited from choppy equity markets, gaining 1.28%. For the second month in a row, dedicated short sellers were the top performers in this group, gaining 4.12% on the month.

The Specialty Strategy Group returned 2.74% on average, lead by emerging markets which rebounded 4.4% after its January decline.

The Market Neutral Group was the weakest but still managed to show an average return of 1.11%

February’s GGHFI currently includes 1091 constituent funds.

Meanwhile, the Greenwich Composite Investable Hedge Fund Index was also up, returning 1.05% for the February trading period.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

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

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

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.