As worries about Greece and mixed economic data weighed on
the markets it was a tricky month for hedge funds across all
strategies. The weaker countries in the Eurozone, Portugal,
Ireland, Italy, Greece and Spain - collectively known as PIIGS
- were particularly hit.
That said, the weakness of the Eurozone has brought with it
volatility that, in turn, brings opportunity, especially in
global macro trading and fundamental equity investing. The
Global Multi-Strategy median was up 0.17% in February, leaving
year-to-date returns at 0.19%.
Meridian Diversified Fund was...