Returns from equity market-neutral and quantitative strategies were fairly flat on the month, with modest gains for some offset by generally minor losses for others.
GAM Talentum Europe Enhanced did well again, making 2.16% in October and taking its year-to-date return to 18.82%. Marshall Wace’s MW Market Neutral TOPS was up 2.10% on the month, while Duet Global Opportunities gained 1.71% and LMR made 1.53%.
Inigo Lecubarri’s Abaco Financials was up 0.94%, GLG European Long/Short gained 0.89%, Victory Arcadia was up 0.81% and GSA Alpha Capture returned 0.34%. GSA Capital International made 0.29%, Duet Global Plus posted a