Boosted by the Federal Reserve's 50 basis-point rate cut in
September, the global equity markets rebounded from their
mid-August lows, enabling long/short equity funds to produce
solid returns for the month - albeit lower than that of the
The Absolute Return U.S. Equity Index gained 2.21% in
September to put it up 8.69% for the year. By comparison, the
S&P 500 finished the...