October saw investor sentiment buoyed by the prospect of a further round of quantitative easing by the Federal Reserve in the US, as well as in the UK and Japan. Markets continued to rally and funds of funds for the most part clocked up welcome gains. The InvestHedge Global Multi-Strategy median was up 1.29% on the month to take year to date figures to 3.09%.
The economic data for the US also boosted the economic picture,...