The Credit Suisse Hedge Fund Index (the Broad Index) finished up 0.81% for the month of January with six of the ten sub-strategies ending the month in positive territory.
Managed Futures led the way with a return of 6.02%, followed by Global Macro (2.69%), Dedicated Short Bias (1.88%), Multi-Strategy (1.19%), Emerging Markets (0.66%) and Long/Short Equity (0.28%).
Event Driven was the month’s biggest loser, down 1.00%, while Fixed Income Arbitrage (-0.81%), Equity Market Neutral (-0.37%) and Convertible Arbitrage (-0.21%) also recorded negatives returns.
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.