Hedge funds were up 0.99 per cent in February, according to the Barclay Hedge Fund Index compiled by BarclayHedge.
The index is up 2.38 per cent after two months in 2017, its best start since 2013 when it gained 2.77 per cent by the end of February.
All 17 of Barclay’s hedge fund indices recorded gains in February. The Technology Index was up 2.62 per cent, Healthcare and Biotechnology gained 2.51 per cent, Equity Long Bias was up 1.69 per cent, Emerging Markets gained 1.47 per cent, and the Event Driven Index added 1.30 per cent.
“Positive economic indicators in the US, Europe and China helped to propel the global equity rally into its fourth consecutive month of gains,” says Sol Waksman (pictured), founder and president of BarclayHedge.
At the end of February, all of Barclay’s hedge fund indices are in positive territory for the year.
The Technology Index has gained 5.20 per cent, Healthcare and Biotechnology is up 4.84 per cent, Emerging Markets have gained 4.14 per cent, the Event Driven Index is up 3.40 per cent, Equity Long Bias has gained 3.00 per cent.
The Barclay Fund of Funds Index gained 0.80 per cent in February, and is up 1.67 per cent in 2017.
