Hedge fund advanced in October with CTA funds in the lead supported by higher commodity prices

(Opalesque) Hedge fund managers ended the month of October up 1.35% on an equal-weighted basis, and up 0.89% on an asset-weighted basis, said Eurekahedge. Risk assets rallied during the month driven by strong corporate earnings, a continuation of accommodative monetary policy and pick-up in economic activity, despite persistent inflationary pressure.

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