Eastern Europe and Russia hedge funds outshine peers in 2022 despite increasingly challenging market environment

The Eurekahedge Eastern Europe & Russia Hedge Fund Index was down 24.09% as of February 2022, outperforming the underlying equity market in the region as represented by the STOXX Eastern Europe 50 by 6.12%. In 2021, Eastern Europe & Russian hedge funds were up 8.90%, outperforming their broader emerging market peers as represented by the Eurekahedge Emerging Markets Hedge Fund Index who returned 2.28% over the same period.

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