Many long/short equity funds had their best performance in months, beating the S&P 500's 0.94% return for September. A rally in the equity markets boosted the performance of equity-focused funds.
William von Mueffling's Cantillon World returned 0.24% in September, bringing its year-to-date total up to 15.50%. Mark Kingdon's M Kingdon Offshore fund was up 1.96% in September, bringing its return to 4.90% for the year.
Lee Ainslie's Maverick Fund Ltd. returned an estimated 1.00%, bringing its year-to-date total to an estimated 7.00%. Fellow Tiger Cub Steven Mandel also had a big September for his Lone Pine fund, returning