Funds of Hedge Funds Performance

Hedge funds manage to weather February's storm


Although February was tough for global equity markets, hedge funds weathered the storm reasonably well, the InvestHedge Global Multi-Strategy median effectively flat at 0.01% in US dollar terms. A number of funds of hedge funds now have reasonable three-month figures.

Culross H is up 2.96% over three months after dropping 0.38% in February, while a 0.08% February return took Man RMF Diversified to 2.72% over the past three months.

One of last year's stars, Eddington Triple Alpha, was down 0.62% on the month, but three-month returns remain good at 2.50%. LCF Edmond de Rothschild Prifund Alpha Diversified was down 0.37%