October noticed hedge funds notch their worst collective month-to-month efficiency since January 2016, in keeping with Preqin a analysis agency on the business.



Hedge funds misplaced 2.35 p.c on common in October, in keeping with Preqin’s index, whereas buyers withdrew $4.6 billion of hedge fund capital within the third quarter of this 12 months. The hedge fund business’s efficiency turned adverse for the 12 months in October, down 0.eight p.c.


“Hedge fund efficiency was severely impacted by the sell-off ensuing from the escalation of commerce, political and financial coverage uncertainties,” Preqin’s head of hedge funds Amy Bensted mentioned in an announcement.


Hedge funds specializing in fairness methods had been the more severe performing, shedding 3.Three p.c, in keeping with the report.




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