One of the worst months for hedge fund performance in years
saw the InvestHedge Global Multi-Strategy median down 1.87% in
September – putting it severely underwater at -3.59%
over the year to date.
Only a handful of funds were not negative on the month. One
such was GAM Diversity, which gained 1.92% taking the
year’s returns to 0.5%. Recently, trading managers
have performed well within the portfolio, posting positive
returns via exposure to government bonds and...