Big dispersion of returns among equity long/shorts


February saw widely dispersed returns from Europe’s long/short equity hedge funds. A number of veteran managers produced solid results, while some other well-known names under-performed.

SR Global Europe was up 2.7% to take three-month figures to 4.88% and Egerton European gained 2.59% in February to put three-month returns at 3.86%, while SW Mitchell European’s 2.55% month took three-month figures to 8.02% and a 2.41% February left RWC Pilgrim’s three-month numbers at 15.07%.

Dowgate Europe was up 2.3% to take three-month figures to 8.93% and Adelphi Europe saw a 2.13% month putting three-month numbers at 4.24%. Ross Turner’s Pelham