(Opalesque) Hedge fund managers took advantage of February’s bullish environment to extend their strong start to the year. The Greenwich Global Hedge Fund Index was up +1.01% as all but one of its constituent indices produced positive returns on the month.
The S&P 500 (+3.97%) and the MSCI World Index (+2.58%) reported their best performances since March and July, respectively, despite a strengthening dollar and a looming US rate hike. Bonds had their best month since June, with the Barclays Aggregate Bond Index gaining +0.67%.