Nov 6 2006 | 12:17pm ET
Hedge fund had their best month since the beginning of the year in October, according to the MSCI Hedge Invest Index.
The index returned 1.78% last month, the highest monthly return of 2006 save for January, when it was up 2.29%. Still, it trailed the Standard & Poor’s 500 (up 3.15%) for the month and continues to lag for the year, at 5.13% to the S&P500’s 10.13% year-to-date return.
Mar 10 2014 | 11:33am ET