Hedge Funds Down 0.56% In October

Nov 7 2012 | 8:04am ET

Hedge funds slipped 0.56%, on average, in October, according to the Greenwich Global Hedge Fund Index.

Results were mixed for the month, with half of the eight strategies tracked by the index posting losses, and half gains.

Arbitrage strategies were the best performers of the month, adding 0.51% (7.70% year to date), while futures posted their third straight monthly loss, down 3.37% in October (and down 3.44% YTD).

The other winners were event-driven strategies, up 0.30% for the month (7.08% YTD); long/short equity, up 0.11% for the month (5.59% YTD) and long/short credit, up 0.09% for the month (8.95% YTD).

Also in the red for the month were macro funds, down 1.01% (but up 1.87% YTD); multi-strategy funds, down 0.65% (up 4.18% YTD); and equity market neutral funds, down 0.42% (up 1.53% YTD).


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of