Hedge funds suffer worst month in nearly three years in October

(CNBC) October saw hedge funds notch their worst collective monthly performance since January 2016, according to Preqin a research firm on the industry. Hedge funds lost 2.35 percent on average in October, according to Preqin’s index, while investors withdrew $4.6 billion of hedge fund capital in the third quarter of this year.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply