EuroHedge index posts first gain in six months


October’s dramatic, if short-lived, market rally resulted in the EuroHedge Composite Index showing its first positive monthly return since April – and only its fourth positive return this year. The index posted a median gain of 0.92% and a mean average return of 1.32% to cut the losses for the year to 2.11% and 3.83% respectively.

All strategy areas produced positive numbers for the month with the major exception of managed futures – which saw a median loss of 3.86% and a mean loss of 4.21% in October as systematic strategies were hit by