The hedge funds that reported returns to
Hedge funds delivered the strongest returns in January, rising 1.15%, and continued to fare well in the following two months of market turbulence, delivering returns of 0.52% in January and 0.54% in February.
Emerging market hedge funds did the best during the quarter, rising 5.5%, followed by convertible arbitrage funds, which rose 4.67%, event-driven funds, up 4.21%, and funds that concentrate on distressed companies, up 4.15%.
Those that didn’t do so well included managed futures, down 2%, global macro funds, down 0.47%, and equity net neutral funds, up 1.51%.