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BofA/Merrill Lynch: Hedge Funds Maintain Winning Streak

Hedge funds continued their winning run, gaining a modest 0.09% on the week ending October 21 and 1.28% MTD, according to analysts at Merrill Lynch. Performance remains robust after a strong Sept (2.5%) with all strategies we track on a daily basis positive MTD.

Hedge funds have already gained for 7 straight months and are up 14.5% YTD. At the current pace they are on target for an annualized return of 19% -- the best this decade. See the full BofA/Merrill Lynch Hedge Fund Monitor below. 

BofA - Merrill Lynch Hedge Fund Monitor Oct. 26, 2009