EuroHedge Composite up 0.3% in volatile month


A topsy-turvy month across most hedge fund strategies saw the EuroHedge Composite Index return 0.32% on a median basis in January and 0.29% on a mean average basis.

But the relatively flat overall performance masked some significant dispersion in returns from individual strategy areas – with the medians for European equity long/short, macro and managed futures, three of the major peer groups, all being negative on the month.

On the positive side, the median returns for convertible and equity arbitrage, credit, emerging market equity and mixed arbitrage/multi-strategy were all up by over 1%.