Hedge Funds Gain in October, but Managed Futures Funds Drag

(Opalesque) The global hedge fund industry saw an average return of +0.55% in October, bringing year to data (YTD) average industry returns to +7.09%, according to the just-released October 2019 eVestment hedge fund performance data. Managed Futures funds, which saw returns at -1.73% in October, were the primary reason aggregate returns were not more positive last month.

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