Hedge funds have second month of good returns led by equity-focused strategies

Market commentary: February 2012

Strong arming the banks

Strong performance continues
Hedge funds posted strong returns in February as markets continued to rally. The Eurekahedge Hedge Fund Index gained 2.05% during the month and 4.35% in the first two months of the year.
European hedge funds attracted the most assets in February. The Eurekahedge European Hedge Fund Index gained 2.22% in February but the largest gains were from North American hedge funds, which gained $7 billion for the month although net flows were a negative $1.3 billion. Hedge funds