Dow Jones Hedge Fund Index Up 1.85% in October
Press release from the issuing company
Thursday, November 3rd, 2011
The Dow Jones Credit Suisse Core Hedge Fund Index was up 1.85% in October as five out of seven strategies posted gains.
Oliver Schupp, President of Credit Suisse Index Co., LLC, said, "Event Driven was the highest performing sector last month as many managers restructured their portfolios to reduce exposure to softer 'catalyst' situations, such as management changes and litigations. These situations were drivers of underperformance in September. Meanwhile, Managed Futures, the best performing strategy in September, was the worst performer in October as trends reversed against many short equities, short commodities and long fixed-income positions."
Index |
Oct 11 |
Sep 11 |
2011 YTD |
|
Dow Jones Credit Suisse Core Hedge Fund Index |
1.85% |
-4.23% |
-6.13% |
|
Convertible Arbitrage |
-0.52% |
-2.64% |
-6.63% |
|
Emerging Markets |
1.73% |
-2.87% |
-1.15% |
|
Event Driven |
2.66% |
-5.71% |
-11.01% |
|
Fixed Income Arbitrage |
0.18% |
-1.50% |
0.01% |
|
Global Macro |
1.84% |
-5.13% |
-9.14% |
|
Long/Short Equity |
5.27% |
-6.13% |
-4.37% |
|
Managed Futures |
-5.07% |
-0.14% |
-5.18% |