Pivotal Point of View — February 2024

Insights › Pivotal Point of View › February 2024

Pivotal Point of View · February 2024

Pivotal Point of View — February 2024

Published 18 March 2024 · Covers February 2024

Originally issued as March 2024.

The PivotalPath Composite Index rose 2.1% in February, building on its January return of 1.1% and 2023’s return of 7.6%. The Index continues to generate positive alpha of 3.4% relative to the S&P 500 (S&P) over the last 12 months even as equity markets soar. Read Full article to learn about Hedge Fund Performance.

+1.9%Composite, February
+3.0%Composite, year to date
+5.1%Composite, Q1
Managed FuturesLeading strategy

Read the full edition ↓

Headline strategy indices

Strategy February Year to date
Managed Futures +4.2% +5.2%
Equity Sector +3.7% +6.0%
Equity Diversified +2.8% +3.6%
Event Driven +1.4% +1.2%
Multi-Strategy +1.2% +2.4%
Credit +0.8% +1.8%
Global Macro +0.8% +2.2%
Equity Quant +0.4% +3.9%
Volatility Trading −0.2% +0.1%

Net of fees, in USD. The Composite plus the nine headline indices with a published monthly series; ordered by month return.

Interested in actionable hedge fund data 
and industry–leading research?

We provide transparency for Allocators.

Get Started