New York (HedgeCo.net) – The Eurekahedge Hedge Fund Index advanced to a healthy 5.15% year-to-date return, after witnessing its best September on record. The MSCI World Index also posted strong gains of 6.75% for the month. Hedge funds were positive for the third consecutive month in September, up 3.45%, and ended Q3 on a high note amid increased risk appetite and positive movements in underlying markets.
- Some key highlights for the month include:
- Hedge funds delivered the second best monthly performance since May 2003, up 3.45% in September.
- Larger hedge funds (AuM>US$500 million) outperformed smaller funds, up 6.35% YTD.
- All regions and strategies posted positive returns in September, Greater China hedge funds gained 7.02% during the month.
The full report is set to be released on 19 October 2010.
Edting by Alex Akesson
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