Event-driven strategies showed a wide dispersion of returns in February. Cumulus Weather gained 5.30% to bring its YTD return up to 11.57%. Copenhagen Capital Lindos added 3.28% for a strong gain this year of 12.32%. Trafalgar Catalyst netted a 1.61% return, while Elgin Opportunities was up 1.16%. Altima One World Agriculture put on 1.05% and RAB Cross Europe was also up by just over 1%.
But a handful of funds also posted losses. Altima Global Special Situations fell by 4.93%, while MarCap Partners declined 6.53% (for a YTD loss of 13.18%) and Laxey Value Catalyst suffered a big loss