The Relative Value Arbitrage lead the performance of the HFRX Hedge Fund Indices this week, recording a gain of 0.48%.
It was followed by the Distressed Securities Index with 0.36% and the Merger Arbitrage Index with 0.26%.
On the negative side, the Market Directional Index (-0.54%), the Convertible Arbitrage Index (-0.25%) and the Event Driven Index (-0.23%) all lost ground over the week.
HFRX Indices performance February 16 to February 22<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
HFRX Global Hedge Fund Index
HFRX Equally Weighted
HFRX Convertible Arbitrage Index
HFRX Distressed Securities Index
HFRX Equity Hedge Index
HFRX Equity Market Neutral Index
HFRX Event Driven Index
HFRX Macro Index
HFRX Merger Arbitrage Index
HFRX Relative Value Arbitrage Index
HFRX Absolute Return Index
HFRX Market Directional Index
HFRX Hedge Fund Indices are designed to be representative of the overall hedge fund universe and its major component strategies.