Rallying and rebounding
Hedge fund performance rebounded in January as global markets rallied and risk appetite returned. The Eurekahedge Hedge Fund Index was up 2.10% for the month, making it the best monthly return since December 2010 and the strongest start to the year since 2006. All regions and strategies had positive returns for the month.
Small hedge funds outperformed large hedge funds for the first time since October 2011. Funds of hedge funds also had a good start to the year, posting