Performance rebound continues in October

Fri Nov 16, 2007

U.S. hedge funds continued their rally in October on the back of strong performance in the technology, global equity and macro strategies. The Absolute Return Composite Index gained an estimated 2.20% in October, its strongest monthly return this year. The Composite is now up 9.35% for the year.

With its strongest monthly performance since February 2000, the Absolute Return Technology Index advanced 4.08%, bringing its year-to-date return to 14.93%. The Global Equity and Macro Indexes were similarly positive, producing monthly returns of 3.99% and 3.30%, respectively.

On the back of strong rallies in the commodity arena, with gold reaching a 27-year high, the Absolute Return Commodities Index and Managed Futures Index produced solid gains of 3.06% and 3.17%, respectively. These have been their strongest monthly returns for the year so far.

None of the Absolute Return Indexes lost money in either...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.


Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI