Hedge funds weathered another harsh month in October; the composite Eurekahedge Hedge Fund Index was down only 3.9% on the month, as global equities and commodities tumbled (the MSCI World Index and Reuters CRB Index lost 19.1% and 18.3% respectively).
Highlights of hedge fund performance and asset flows for the month are as follows:
October 2008 | US$ billion |
---|---|
Allocation Inflows | 5.4 |
Redemption Outflows | 68.1 |
Total | -62.7 |
Positive Performance | 26.5 |
Negative Performance | 73.8 |
Total | -47.3 |
Overall Total | -110 |
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