Hedge Fund News From HedgeCo.Net

Hedge Funds Down, But Outperform S&P

Reuters – Hedge funds lost money for the first time since May last month, hurt by exposure to the broader stock market, which also sank in October.

On average hedge funds fell 0.34 percent in October according to a group of early-reporting managers to hedge fund tracking firm eVestment|HFN, while the S&P 500 fell 1.85 percent during the month.

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