Tuesday, March 17, 2009
Hedge Funds Down 1.42% in February; Big Gains for Convertible Arbitrage and Short Sellers
FAIRFIELD, Iowa, March 17, 2009– According to the Barclay Hedge Fund Index compiled by BarclayHedge, hedge funds dropped 1.42% in February; and the Index is down 1.56% year-to-date.
“Although equity markets in developed nations had double-digit losses in February, hedge funds performed comparatively well,” says Sol Waksman, founder and president of BarclayHedge.
Read the entire Hedge Fund Press Release by clicking here.
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