Hedge Fund Index Down 3.2% In Sept., Investors Unfazed

The Dow Jones Credit Suisse Hedge Fund Index fell for a second straight month, finishing down 3.2% in September versus a monthly loss of 9.88% for the Dow Jones Global Index. This decline makes it the largest drop in a single month in more than a year.

Despite the dismal month, Oliver Schupp, president of Credit Suisse Index Co., said, "hedge funds appear to have performed in line with investor expectations and to have provided a level of capital preservation during an increasingly difficult market period.” He added that this has resulted an estimated $25 billion in inflows to hedge funds year-to-date.

*Source: Dow Jones Credit Suisse