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Hedge Funds Gain in February for Strongest Start Since 2012

(Bloomberg) All four main strategies rose last month and in 2019: Equity funds, up 1.8% in February, led the pack amid rebound
Hedge funds are off to their strongest start since 2012 as managers reap the benefits of a global market rebound. The industry saw gains for the second month in a row, rising 1.4 percent in February and 4.9 percent for the year on a fund-weighted basis, according to Hedge Fund Research Inc.’s monthly report, released Thursday. The returns were led by equity strategies, which rose 1.8 percent on average last month and are up about 7 percent for the year.

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