The fund of funds industry is starting to re-gain ground. Overall the InvestHedge Composite racked up a healthy 1.93% in September, taking the year to date above water to 1.65%. The global multi-strategy fund of funds median was up 1.89% for September and 1.78% for the year to date.
The global equity median was up 2.78% in September and 1.43% for the year to date, while it was the US equity median that added more in terms of September gains, up 2.95%, with returns of 2.02% for the year to date. European equity funds