In another month of strong relative outperformance to the underlying markets, the composite Eurekahedge Hedge Fund Index lost 0.8%1 in February against a 10.5% drop in the MSCI World Index and a 4% fall in the Reuters CRB Index. In terms of assets, hedge fund losses eroded 0.3% (US$4.5 billion), while redemptions for the month stood at US$20.3 billion.