Funds of hedge fundsÆ mojo is rising

Mar 25, 2009

Funds of hedge funds are showing some razzle-dazzle in 2009 with several Asian specialists putting up sweet returns.

Funds of hedge funds are gussied up again in the spring of 2009. In both January and February, funds of hedge funds, as a group, beat the hedge fund index. They were down in February -- losing just 0.2% -- yet in 2008 they were behind the Eurekahedge hedge fund index every single month of the year.

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