Home Breadcrumb caret Industry News Breadcrumb caret Industry Hedge funds post negative returns again Hedge funds posted their second consecutive month of negative returns in October with the Eurekahedge Hedge Fund Index down 0.24%. By Staff | November 11, 2014 | Last updated on November 11, 2014 1 min read 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. Read: American institutional investors shy away from hedge funds Here are some key takeaways. 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. CTA/managed futures strategies were the top gainer during October, gaining 0.26% and maintaining their lead over all other strategies with year-to-date returns of 6.30%. Net asset flows into hedge funds for the year stand at US$56.9 billion despite investors redeeming a cumulative of US$18.9 billion in the last four months alone. Read: Institutional investors split on volatility’s impact China A-Share investing hedge funds posted their sixth consecutive month of positive returns and are up 9.90% October year-to-date. Event driven funds reported the largest loss out of all strategic mandates at 2.09% in October, their biggest loss in a month since 2011. On the whole, Asia ex-Japan was the best performing region, finishing the month up 0.55% — out of which India focused hedge funds gained 1.51% while Greater China funds were up 1.31%. Eastern Europe and Russia investing funds were down 2.26% in October, and are down 13.59% year-to-date — the worst performer among all regional mandates. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo