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February a difficult month for hedge funds, says Newedge

March 20, 2013 at 2:08 pm

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February proved to be a difficult month for hedge funds, according to data released by Newedge, with eight of the firm’s suite of 11 hedge fund indices reporting negative returns for the month.

The Newedge Short-Term Traders Index (0.62 per cent), the Newedge Commodity Trading Index (Equity) (0.14 per cent) and the Newedge CTA Index (0.09 per cent) were the only three indices to finish February in positive territory.

The Newedge Trend Indicator (-2.37 per cent), the Newedge Commodity Trading Index (Trading) (-1.40 per cent) and the Newedhge Commodity Trading Index (-1/20 per cent) were the worst performers.