NASHVILLE, Tenn. (HedgeWorld.com)–After opening 2005 on a down note, hedge funds tracked by the Van Global Hedge Fund Index posted positive returns in February.
Preliminary results showed gains in all strategies, Van officials said in a news release. For the month, hedge funds earned 1.7%, putting them at 1.6% for the first two months of the year. Eighty percent of the funds that have reported to Van Hedge Fund Advisors International LLC saw positive performance in February.
“February was a good month for hedge funds,” Van Chairman George Van said in a statement.
Based on the early results, Mr. Van said, managers employing emerging markets, macro and value strategies had the best performance in February.