Hedge funds in positive territory

hedge-funds/hedge-fund/market-volatility/cent/

28 November 2011
| By Mike Taylor |
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Hedge funds continue to handle the current market volatility better than most, according to new data released by hedge fund and alternative investment industry specialist, Opalesque Ltd.

The company announced today that the estimated October results for its series of indices tracking emerging hedge fund and managed futures fund managers - the Emanagers Total Index, consisting of both hedge funds (65 per cent) and managed futures funds (35 per cent) - gained 4.22 per cent in October.

It said this was up 4.25 per cent year to date.

The company said hedge funds had profited from last month's strong market rally, with the Emanagers Hedge Fund Index gaining 6.22 per cent, bringing the index back into positive territory (0.33 per cent) year to date.

However, it said managed futures strategies posted mixed results, and a flat overall performance for the third month in a row. It also noted the Emanagers CTA Index was still up 11.90 per cent for the year after a gain of over 13 per cent in July. 

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