MULTISTRATEGY INDEX TRACKS COMPOSITE DOWN
The Absolute Return Multistrategy Index closely tracked the Composite - it was down 5.99% in September, against a loss of 4.20% for the Composite, the worst result in a decade. For the year so far, the Multistrategy Index is off 5.49%. By comparison, Standard & Poor's 500 Index lost a dramatic 9.08% in September.
By and large, funds that managed to minimize their losses were long on commodities and short the dollar and equity indices.
Eric Mindich's Eton Park lost an estimated 1% in September, putting it at -3.5% for the