A tough February for Asia, down 0.63%


February has been a flat month in terms of fund of funds performance, with the InvestHedge median up 0.19%, taking the fund of funds median performance for the year to date to -0.04%.

The median for European funds of funds was down 0.06%, with a year to date loss of 0.04%. That said, Asian funds of funds had the toughest month, down 0.63%, making the year-to-date loss the largest at -2.43%.

The ripple was felt in the emerging markets where the fund of funds composite was down 0.19% for the month and down 0.36% for the year to