{"id":13072,"date":"2009-11-20T11:06:55","date_gmt":"2009-11-20T15:06:55","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13072"},"modified":"2009-11-20T11:06:55","modified_gmt":"2009-11-20T15:06:55","slug":"insight-into-october-hedge-fund-performance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2009\/insight-into-october-hedge-fund-performance.html","title":{"rendered":"Insight into October Hedge Fund Performance"},"content":{"rendered":"<p>New York (HedgeCo.net) &#8211; Hedge funds posted a slight gain for the month as market reversals muted performance. The Credit Suisse\/Tremont Hedge Fund Index (\u201cBroad Index\u201d) finished up 0.13% for the month, bringing year to date performance to 15.11% through October 31, 2009.<\/p>\n<p>A new monthly commentary offers insight into October hedge fund performance. Some key findings from the report include:<br \/>\n&#8211; Dedicated Short Bias had the strongest performance, up 4.79%, the sector\u2019s first monthly gain since February<br \/>\n&#8211; Relative Value strategies had a strong month, in part by implementing heavy equity hedges ( Convertible Arbitrage), or by arbitraging changes in central bank policies such as the Reserve Bank of Australia\u2019s benchmark rate hike (Fixed Income Arbitrage and Global Macro)<\/p>\n<p>&#8211; A number of hedge funds are reducing risk and winding down for the year, particularly those who were net-long the equity\/global equity markets and have been able to take profits, while others, who were late to add risk, have continued to seek opportunities arising from the market volatility<\/p>\n<p>&#8211; While most equity indices were down for the month, Global Macro and Event Driven managers had positive months because of these strategies\u2019 flexibility to make gains despite market reversals<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Hedge funds posted a slight gain for the month as market reversals muted performance. The Credit Suisse\/Tremont Hedge Fund Index (\u201cBroad Index\u201d) finished up 0.13% for the month, bringing year to date performance to 15.11% through [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[919,3],"tags":[],"class_list":["post-13072","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-research","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13072"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13072\/revisions"}],"predecessor-version":[{"id":13073,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13072\/revisions\/13073"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}