Global macro misses out on benign September


Equity funds of hedge funds sailed through September with the wind behind them, taking the InvestHedge Composite to 0.6% for the month and 2.45% for the year to date.

Global equity and emerging markets funds both raked in returns of 1.32% for the month, taking their year-to-date performances to 4.35% and 3.16%, respectively. The US equity markets remained buoyant in September, with FoHF returns of 1.02% reflecting this, and taking the year-to-date returns to 5.49%.

Asia-Pacific funds of funds had a solid month with returns of 1.12%, taking their lacklustre year-to-date performance to