Home >> Absolute Return >> News >> News - Archive >> As first quarter nears close, funds are doing their job

As first quarter nears close, funds are doing their job

March 20, 2009  

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After a bleak 2008, hedge funds are off to a decent start to the New Year.

Through February, hedge funds were up a median 0.8% for the year, according to the Absolute Return Composite Index, far outperforming the broader market, which fell 18.5% during this year’s first two months, as measured by the S&P 500 index. That’s...

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