Copying and distributing are prohibited without permission of the publisher
Hedge fund index down 1.2% in January
03 March 2010
Hedge Funds suffered a slump in January according to a report released by Morningstar.
Read more:
[Hedge fund Morningstar January]
Morningstar, a provider of independent investment research, has reported preliminary hedge fund performance for January and asset flows through 2009. January was not a strong month for hedge funds. The Morningstar 1000 Hedge Fund Index dropped 1.2%, while the currency-hedged Morningstar MSCI Hedge Fund Index fell a slight 0.3%.
The US dollar appreciated against several currencies, particularly the Euro, in reaction to fiscal difficulties in countries such as Greece, which hurt the Euro-denominated hedge funds in Morningstar's indexes.
Equity markets tumbled in January, particularly in Europe, but also in the...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
