US equity is star performer for year to date


As February came to a close, all funds of funds strategies ended positively, with the InvestHedge Composite returning a median of 1.14%, which took the year-to-date numbers to 2.43%.

Global multi-strategy funds were roughly in line with the median, up 1.10% for the month and 2.42% for the year.

US equity-biased funds of funds returned strong with an impressive 5.02% year-to-date and the second-highest monthly median of 2.25%. The top performer for February was the Asian Pacific strategy with 2.38%, taking its year-to-date performance to 3.54%.

Global equity and emerging-market hedge funds both reported