Van Hedge Fund Index Posts 1.7% Gain In February

by Carla Johnson, Investors Offshore.com

09 March 2005

The Van Global Hedge Fund Index posted a gain of 1.7% net of fees in February according to a preliminary report released earlier this week by Van Hedge Fund Advisors International.

Van Hedge has noted that the rebound in performance by the hedge fund sector last month coincided with better performance among stocks as the S&P 500 gained 2.1% in February and the MSCI World Equity Index and the Dow Jones Europe Stoxx 50 rose 3.0% and 4.2% respectively.

"February was a good month for hedge funds," noted the firm’s chairman, George Van.

"We are finding gains across all strategies and more than 80% of the funds that have reported so far were positive last month. Based on initial reports, Emerging Markets, Macro and Value were three of the best performing hedge fund strategies for February,” he added.

An updated February return for the Van Global Hedge Fund Index, based on a larger sample of funds, will be released in mid-March. The final results for February will be calculated at the end of the month.

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