October's equity rally set the stage for a comeback month for many long/short managers. And nowhere was this more evident than with Andor. The Andor Technology Aggressive fund climbed by 14.2% for the month, softening year-to-date losses to 7.0%. The same trend held true for Andor Technology fund's Class-A shares, which picked up 5.2%, trimming year-to-date damage to about -13.0%. The Diversified Growth fund picked up 5.4%, leaving the strategy down a lesser 17.3% for the year.
Kingdon saw a relatively modest gain of about 1.4% for the month in its M Kingdon (Offshore NV) strategy. However, the fund