February 17, 2006

Average return of hedge funds touches new high

The performance of hedge funds has been drawing the interest of investors, and not so without a valid reason. In fact, according to a recent report by EuroHedge, the average return of hedge funds based in Europe rose to its highest level in nearly six years in January.
Reuters reports:

The EuroHedge Composite Index rose 2.42 percent in January, according to figures released by the group. This was the biggest monthly gain since February 2000, the peak of the dotcom boom in equity markets, and coincided with further gains in global stock markets.

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