February was a mixed month for European long/short equity
hedge funds, with a wide dispersion of returns in volatile
Hugh Hendry's Eclectica had a strong month, a 5.19% gain
taking three-month numbers to 4.73%. It was a good month, also,
for the big Lansdowne UK fund - which saw a 4.58% monthly gain
taking three-month numbers to 2.58%.
UBI Pramerica was up 4.69% to leave three-month returns at
8.46% and Dowgate Europe's 4.34%...