Early estimates show the HFN Hedge Fund Aggregate Average, an equal weighted average of all single manager hedge funds and CTA/managed futures products in the HedgeFund.net database, was up 0.55% in February 2007.
The HedgeFund.net database consists of more than 7,100 current hedge fund, fund of funds, and CTA products.
The HFN Long/Short Equity Average was up 0.72% in February and is up 2.09% YTD, while the HFN Relative Value Aggregate Average outperformed the HFN Equity Hedge Aggregate Average for the first time in six months, up 1.47% versus up 0.49%, respectively. The HFN Emerging Markets Average was up 2.10% in February and is up 2.98% YTD.