Composite median up 6.44% after a stellar month


Convertible and equity arbitrage, emerging market equity and managed futures topped the bill in 2010 after a year that saw the EuroHedge Composite Index up by 6.44% on a median basis and by 8.23% on a mean average basis.

A strong December produced a median gain of 2.00% for the Composite Index and a mean return of 2.73% – with all strategies in positive territory on the month with the sole exception of currency funds, which produced a median loss of just 10 bps.

CTAs posted a median return of nearly 4% on the