Commodity Online – Rising commodity prices helped helped hedge fund managers to improve on their returns in February. Hedge funds tracked by Dow Jones Credit Suisse Hedge Fund Index has risen 1.38% in February. Managed Futures managers posted a positive performance of 2.90% on gains in energy and precious metals which rallied due to the unrest in Middle East and North Africa.
For the hedge funds, the best performing strategies were Convertible Arbitrage (2.90%), followed by Managed Futures 2.62%) and Long/Short equity (1.72%),according to an assessment by Credit Suisse.
