Fixed income climbs to 7.2% for the year


The funds of hedge funds industry is trending in the right direction with the InvestHedge Composite up 1.3% in October, taking the year-to-date numbers to 2.97%. This return was mirrored by the Global Multi-Strategy median that was up 1.29%, but taking the year to date a little higher at 3.09%.

All the fund of hedge funds strategies posted a healthy one plus percent returns, with US equity and emerging markets funds of funds both up 1.58%, taking the respective year-to-date numbers to 3.63% and 4.14%.

Global macro funds of funds were up 1.51% in