Hedge funds followed up their best September ever with further gains in October, according to a trio of early-reporting indices.
The average fund returned between 1.1% and 1.5%, the indices show, bringing year-to-date returns to between 4.2% and 6.7%, depending on how optimistic an index you choose. Hedge Fund Research’s HFRX index rose 1.12% on the month (4.8% year-to-date), the Bloomberg Aggregate Hedge Fund Index added 1.5% (4.2% YTD) and the Credit Suisse Liquid Alternative Beta Index returned 1.14% (3.58% YTD).
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Source: http://seekingalpha.com/article/235360-hedge-funds-up-more-than-1-in-october?source=feed
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