Equities: September rally lifts long/short funds

Tue Oct 30, 2007



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 broader market.

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...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI