Early View: Dow Jones Credit Suisse Hedge Fund Index Estimated Up 1.44% in February

Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index continued to rally in February, posting positive performance of 1.44% for the month (based on 72% of assets in the index reporting).

Key highlights for the month include:

Hedge Funds posted a second positive month in 2011, as the Dow Jones Credit Suisse Hedge Fund index rose an estimated 1.44%. Eight out of ten sectors posted positive performance for the month.

Managed Futures hedge funds posted positive performance for the month finishing up 2.56%.

Trend followers in the commodities space posted the strongest gains in the energy and precious metals sectors.

Managers in the Event Driven space posted another month of positive performance in February, up 1.59% as an increased number of opportunities in the special situations space continued to appear.

Global Macro funds also posted positive performance in February, finishing up 1.26% for the month as managers used their wide investment mandate to profit from positions in commodities and currencies.

About Alex Akesson

Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.
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