Hedge Fund Index Up by 0.4% in October

November 15, 2001 (PLANSPONSOR.com) - The CSFB/Tremont Hedge Fund Index increased by 0.4% in October, outpacing major US equity indices and bringing year-to-date returns to 2.6%.

Winning hedge fund strategies in October were:

  • Managed Futures, up  3.4%
  • Emerging Markets, up 2.2%.
  • Fixed Income Arbitrage, up 1.5%
  • Event Driven, up 1.4%

On a year-to-date basis, the top performing hedge fund strategies are:

  • Global Macro, up 16% 
  • Convertible Arbitrage, up 13.4%
  • Event Driven, up 9.4%

The CSFB/Tremont Hedge Fund Index returned 137.05% for the 94-month period since inception in January 1994.

Performance for the CSFB/Tremont Hedge Fund Index, which comprises 375 funds, and the nine style-driven sub-indices are calculated monthly and adjusted for capitalization and return.