LONDON (HedgeWorld.com)–The FTSE Hedge Global Index posted a return of 0.77% in U.S. dollar terms for February, and was up 0.84% in sterling.
According to FTSE, the best returns were reported the directional style segment, which includes equity hedge, commodity trading advisers and global macro funds. That grouping was up 1.46% in February.
Equity hedge funds in particular posted strong performance, with a gain of 1.8% last month. Still, that was not enough to best the FTSE All-World equity index, which was up 3.3% for the same time period.