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Article: Van Global Hedge Fund Index Slips -0.2% Net in January; Hedge Funds Avoid Larger Losses Posted by Stocks.
- Article from:
- Business Wire
- Article date:
- February 7, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NASHVILLE, Tenn. -- The Van Global Hedge Fund Index, a long-running hedge fund performance benchmark, fell -0.2% net in January, according to a preliminary report released today by Van Hedge Fund Advisors International, LLC (VAN). The figure represents the average return, net of fees, of hedge funds that have already submitted their January results to VAN, a leading hedge fund consultant. Index results will be revised later in the month as more funds report.
"January underscored the importance of a hedged investment portfolio," commented George Van, Chairman of VAN. "While equity investors saw an abrupt turn-around from the 2004 year-end rally, hedge funds ...