Despite Volatile October, North American Hedge Funds Up 5.2% YTD

Asian managers lead despite muted hedge fund returns Hedge funds posted their second consecutive month of negative returns in October with the Eurekahedge Hedge Fund Index down 0.24% while the MSCI World Index finished the month up 1.15%. On a year-to-date basis, hedge funds are up 3.47%, falling behind underlying markets as the MSCI World Index returned 5.18% over the same period. Key takeaways for the month of October 2014: ·         Hedge funds posted their sixth month of negative returns for the year to finish October down 0.24%, with preliminary figures showing that investors redeemed US$1.6 billion during the month….