Composite median flat as the rally falters in October


The striking run of recent months stuttered in October, with the EuroHedge Composite Index of all European hedge funds flat on a median basis at -0.01% and narrowly down on a mean average basis at -0.34%.

The European long/short equity and global equity median indices were down on the month, while managed futures funds had another poor month - with a mean return of -2.24% in October taking the mean average loss for the year to -6.98%.

Emerging market strategies continued to make good headway, however, with both EM debt and equity funds up well again on the month.