Copying and distributing are prohibited without permission of the publisher
Hedge funds advance in February
08 March 2010
Hennessee Group, an adviser to hedge fund investors, announced today that the Hennessee Hedge Fund Index advanced +0.96% in February.
Read more:
[Hennessee Group hedge fund index February]
Hennessee Group, an adviser to hedge fund investors, announced today that the Hennessee Hedge Fund Index advanced +0.96% in February (+0.42% YTD), while the S&P 500 increased +2.85% (-0.95% YTD), the Dow Jones Industrial Average advanced +2.56% (-0.99% YTD), and the NASDAQ Composite Index advanced +4.23% (-1.36% YTD). Bonds rallied, as the Barclays Aggregate Bond Index increased +0.37% (+1.91% YTD).
“Global equity markets were mixed in February, with the US experiencing gains and most international markets posting small losses. During the month, the focus of hedge fund managers was on Greece and its debt level, as well as potential problems in Spain, Portugal and Italy,” said Charles Gradante, co-founder of Hennessee Group.
“Some managers see this only as the tip of the iceberg. Managers fear a...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
