Hedge funds gain 1.08% in October

Tue Nov 8, 2011

Full index stats and benchmarks are now live from HedgeFund Intelligence. Also, see links to the latest stories from EuroHedge, AsiaHedge, InvestHedge, AR and Absolute UCITS.

Breaking a two-month losing streak, hedge funds profited from the October market surge. The Hedge Fund Intelligence Global Composite Index rose 1.08%, leaving it down 1.44% for the year. The equity market rally handily exceeded hedge fund returns, however, with the MSCI World Index (net) rising 10.34% for the month.

All indices were positive in October, except for the Managed Futures and Macro indices which fell 2.19% and 1.07%, respectively. Event Driven was the best performing strategy during October, following five consecutive losing months, with a gain of 3.60%.

With its October drop, the Managed Futures Index is down 2.18% for the year, its worst return for this period since...

ISSN: 2151-1845 / CDC10004H

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