The CSFB/Tremont Hedge Fund index was up 1.43% in February, compared with -0.34% in January, according to a statement from the company. The index returned 1.09% for the first two months of 2005. The best-performing category in the index was dedicated short bias, which returned 3.4% in February and 10.59% for the two months.
The CSFB/Tremont Investable Hedge Fund index was up 0.81% for February and 0.17% for the two months. The best-performing category in February was long-short equity, which returned 1.95%. Dedicated short bias was the best-performing strategy for the two months, at 7.11%.
