Marcato Down 20% In October, Tiger Global Down Over 9% In Same Month As Volatility Crushes Big Name Funds [UPDATED]

How did hedge funds do during the grueling bouts of volatility over the past few weeks? It is certainly a mixed picture but we have noted that surprisingly some bearish funds did terribly while many other long biased funds had decent returns. An update from Crescat Capital shows they had a fantastic October, but many hedge fund return stats were less impressive. Third Point’s Dan Loeb which has been dueling with Cambell Soup had a rough month down 6.7 percent or so. Bill Ackman’s Pershing Square Capital which had been mounting a comeback year, put up awful number of -8.4 percent. According to a…