US equity funds enjoy strong start to the year


Following 2011’s performance blood-letting, 2012 has started on a sound footing with all funds of hedge fund strategies up, leaving the InvestHedge Composite up 1.28% and the Global Multi-Strategy Composite even healthier at 1.31%. Equities started the year well, led by the emerging markets – MSCI Emerging Markets Index up 11.2% – leaving the funds of funds investing in these regions up 1.96% in January. In the funds of hedge funds universe, however, it was US equity FoHFs that started the New Year as the top performers up 2.71%, due to better-than-expected employment numbers.