(Opalesque) Opalesque Industry Update – Hedge funds lost 0.32% in October according to the Barclay Hedge Fund Index compiled by BarclayHedge. Year to date, the Index is up 4.03%.
Ten of Barclay’s 17 hedge fund indices lost ground in October. The Healthcare and Biotechnology Index dropped 6.09%, giving back its 5.42% September gain. The Technology Index lost 1.19%, Equity Long Bias was down 1.15%, European Equities lost 0.64%, and the Equity Long/Short Index gave up 0.48%.