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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...