Global long/short equity funds capitalised on the October bounce in world markets – with most managers regaining some lost ground and several notching up big one-month rebounds.
Horseman Global had a good month, returning 18.50% for a 6.89% YTD gain. Gondwana was up 17.70% in October, while Mondis Growth made 16.63% and Guinness Energy was up 15.50%. Audley Natural Resources gained 11.50%, Parus returned 11.23% and Strategic Global Innovation was up 10.59%.
Praxient Jaguar made 9.80%, Theleme was up 9.50%, RAB Special Situations rose by 7.36%, and Abbey Global made 7.01%. Tosca returned 6.77%, AlphaGen Aldebaran was up