EDHEC-Risk Institute has released hedge fund return figures from February. With the Standard & Poor’s 500 stock index up more than 3%, it should come as no surprise that dedicated short sellers got creamed, losing 3.22%. That pushed their year-to-date return to -4%. On the plus side, convertible arbitrage managers returned 1.66% in February, giving them a 3.5% return for the year.
See the full EDHEC results, with commentary, below: