Tuesday, 6 October 2015
Last updated 8 min ago
Oct 8 2010 | 11:43am ET
The average hedge fund returned 1.97% last month, according to the Lyxor Hedge Fund Index.
September's performance, the year's strongest, pushed the index to 2.82% for the year.
Special situations funds enjoyed the best month, rising 4%. Equity long-bias funds also did well during the best month for the Standard & Poor's 500 Index and Dow Jones Industrial Average since the Great Depression, adding 3.91%. Global macro funds rose an average of 2.47%.
Given the stock market rally, it's no surprise to see short-bias hedge funds take the biggest hit in September. The average short hedge fund lost 7.96% on the month.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…