Hedge Funds Post Their Sixth Monthly Loss in 2014

Hedge funds have posted their sixth monthly loss in 10 months in October 2014, according to Preqin’s Hedge Fund Analyst.
The industry has struggled to deliver absolute returns against a backdrop of market volatility, as well as concerns surrounding the impact of the end of the Fed’s quantitative easing program. CTAs were also down for the month, ending their 6 months of consecutive gains but are still outperforming the main hedge fund benchmark for the year so far.

Other Key October Performance Facts:

–  The Hedge All Strategies and Regions benchmark was down 0.45% in October, bringing the YTD return to 2.92%.
–  The October 2014 YTD benchmark trails October 2013 YTD by 6.66 percentage points (2.92% compared to 9.58%).
–   Event-driven strategies generated a loss of 1.40%, following on from its loss of 2.04% last month.
–   Activist hedge funds delivered gains this month, posting 0.93% returns in October.



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