Dow Jones Credit Suisse Hedge Fund Index confirmed to finish up 1.38% in February |
Date: Thursday, March 17, 2011
Author: Wendy Chothia, HedgeWeek
Final performance for the Dow Jones Credit Suisse Hedge Fund Index (Broad Index) is confirmed up 1.38% in February.
Oliver Schupp, President of Credit Suisse Index Co., LLC, said: "The Dow Jones Credit Suisse Hedge Fund Index rose 1.38% in February, with eight out of ten sectors posting positive performance for the month. Convertible Arbitrage was the best performing sector for a second month in a row, finishing up 2.90%. Positive performance was also seen in the Event Driven sector, which finished up 1.44%, with all three of its sub-indices posting positive performance."
Performance for the Broad Index and its ten sub-strategies is calculated monthly.
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