Reuters – A recovery on the stock markets in the second half of October helped some hedge funds bounce back from frightful losses by Halloween, with many posting declines of less than a few percent for the month and some even notching gains.
At month’s end, Larry Robbins’ Glenview Capital Management, among the industry’s most closely watched firms, reported a 0.79 percent drop for October, an improvement over a loss of around 2.5 percent earlier in the month and bringing returns to a 10.77 percent gain for the year, an investor said.
