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Hedge Funds

Eurekahedge: Hedge Funds Gain 1.33% in October, Up 1.77% YTD

by finalternatives.com posted 3years ago 1418 views
Hedge funds ended their four-month losing streak in October as Eurekahedge’s Hedge Fund Index gained 1.33% in October, according to a flash update from the company.  On a year-to-date basis, the index is up 1.77% while underlying markets as represented by the MSCI World have gained 1.40%. The Eurekahedge measure is the latest hedge fund industry metric to show a sharp performance rebound during October on the strength of rebounding equity markets across the board.  In the update, Eurekahedge also cited the assistance provided to markets by key central banks, as the ECB and BOJ policy remains particularly dovish while...