Equity indices down in flat month for hedge funds


European funds produced a flat return in February, with the EuroHedge Composite index up by 0.13% on a median basis and down by -0.03% on a mean basis. The European, global and emerging market equity indices were all negative on the month on a median basis - while the credit, event-driven, and emerging market debt were all down on a mean basis, although narrowly up in terms of the median return.

After two months, the Composite index is showing a YTD median return of 0.40% and a mean return of just 0.09%.