Hedge Funds Logged Best Performance In 12 Months

Hedge funds finished February with a 1.79% gain, making it the best performance in the last 12 months, on the back of strong recovery in global equity markets, according to Eurekahedge. According to Eurekahedge’s March 2014 report, all hedge fund regional mandates also ended February in positive territory, with the exception of Japan-focused hedge funds. All hedge fund strategies logged positive returns The Eurekahedge report reveals that all hedge fund strategies clocked positive returns in February, with long / short equities managers outperforming their peers and delivering gains of 2.43% as global markets rallied during the month. While distressed debt…