Hedge Funds Performance

Hedge funds drop 1.23% in September

by Josh Friedlander

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.

September was a difficult month for hedge funds, with most strategies suffering a loss. But funds still significantly outperformed the major market indices, with the HedgeFund Intelligence Global Composite Index dropping 1.23% against an 8.64% loss in the MSCI World Index (net).
Emerging Market Equity funds fell 8.37%, making them the worst global performers for a second consecutive month. Event-driven funds also continued last month’s dismal performance, falling 4.81% in September, to put them down 7.92% for the year.

This is the worst year-to-date return for the Composite Index since 2008, when funds were down 4.75%