eVestment's Top Hedge Funds In February 2021

Renaissance Technologies' Renaissance Institutional Equities Fund was the most viewed hedge fund on the eVestment platform in February, beating Select Equity Group's Cooper Square Fund - January's winner - into second place. 1060 Capital Management's 1060 Capital Opportunity Fund was third, up two spots from fifth last month.

At the regional level, RenTec's REIF fund was the most viewed in the United States; Water Island Capital's Water Island Credit Opportunities Fund, which came in fifth in the overall product standings in February, was the most viewed by U.K-based eVestment subscribers; Man Group's Man AHL Evolution Program was most viewed in Europe ex-U.K; Vida Capital's Vida Longevity Fund was most viewed in Canada; IFM Investors' IFM Global Infrastructure (Canada), L.P was the most viewed in Asia ex-Japan; AQR Capital Management's Style Premia Fund took top spot in Australia; and J.P. Morgan Investment Management's JPM Global Macro Opportunities Fund was most viewed in Africa/Middle East.

At the firm level, Water Island Capital took first place in February after not even being in the top ten in January. The firm's Credit Opportunities Fund was their most viewed product but they placed two funds in the top ten overall, with The Arbitrage Fund coming in sixth place.

Geographically, the firms which had the most viewed products were also the most viewed firms in the respective regions.

Select Equity Group's Cooper Square Fund was the biggest riser - those products which had the greatest absolute increase in the proportion of views they received of their alternative products from investors and consultants in the current month, versus the proportion of views they received in the prior 12 months as a whole - last month, moving up from second place in January. J.P. Morgan Investment Management's JPM Global Macro Opportunities Fund was second and Water Island Capital's Water Island Credit Opportunities Fund was third.