Strong performance by long/short equity managers drove the CSFB/Tremont Hedge Fund index up by 6.5% ...
Strong performance by long/short equity managers drove the CSFB/Tremont Hedge Fund index up by 6.5% in February 2000, writes Robert Maharajh. The strong result, in a month when the S&P 500 returned -2%, leaves the CSFB index up by 6.4% year to the end of February against the S&P's -7%. The strongest performing individual sector was long/short equity, up 11.1% in February and up a total of 11.7% to the end of February. Emerging markets hedge funds also performed well, up 6% in February and a total of 4.4% to the end of February. Most of the gains on the long/short funds are likely to have...
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