Market Neutral: Artemis makes gains


An increase in technical factors and overall liquidity in the marketplace meant that February was fairly kind to equity market neutral funds, in continuation of January's upswing for a strategy that had been battered for some time. The Artemis market neutral fund posted a 1.63% gain for February. Bear Stearns' New Castle market neutral fund fared about half as well, posting a 0.81% gain for February. But the Scivest Conservative Market Neutral fund did not fare as well as others in the category, showing a 0.37% loss, while the CM Market Neutral fund lost 1.94%. As valuations return