The Credit Suisse Hedge Fund Index finished up 1.06% for the month of February with six of the ten sub-strategies recording positive returns.
Event Driven led the way with a return of 2.25% followed by Long/short equity (1.99%), Convertible Arbitrage (0.95%) and Fixed Income Arbitrage (0.74%). The other two sub-strategies to end the month in positive territory were Multi-Strategy and Global Macro, up 0.72% and 0.42% respectively.
The month’s worst performer was Dedicated Short Bias with a return of -5.74% for the month, while Equity Market Neutral (-1/90%), Managed Futures (-1.15%) and Emerging Markets (-0.04%) also saw negative returns.
