Hedge Funds Hit Hard In October As Odey Cleans Up

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Rupert Hargreaves
Published on
Updated on

With more than for most fAfter several years of mixed performance, the hedge fund industry returned an aggregate 8.92% in 2017, according to data and analytics firm eVestment, offsetting concerns about the health of an industry that has come under pressure to drop fees and improve performance in recent years.

Unfortunately, the positive performance has not continued into 2018.

According to eVestment, at the end of September, the industry had achieved gains of just 0.3% for the third quarter, bringing year-to-date returns to a less than impressive 0.53%, against the backdrop of a general a strong investment market.

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk