The hedge fund industry overall had a negative month for returns in February losing 2.01 per cent, according to eVestment’s latest Hedge Fund Performance report, with managed futures funds producing their largest monthly loss in over 20 years, down 7.03 per cent.
Among primary markets, Broad Financial Derivative funds also racked up big losses in February at -6.27 per cent, bringing YTD 2018 returns to -2.43 per cent.
In terms of regional exposure, Africa/Middle East focused hedge funds were standouts in February, returning 1.93 per cent, bringing YTD performance for these funds to +7.11 per cent.
North America focused funds went negative in February at -1.95 per cent, pushing YTD performance negative as well, to -0.16 per cent. Developed Europe and Asia focused funds were negative in February as well, but maintained positive YTD 2018 numbers.
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