Hedge funds posted their best month in years in September. The HFN Hedge Fund aggregate Average was +3.27% as most strategies benefited from the mid-month U.S. Federal Reserve attempting to ease extremely tight credit markets in September. Commodity related funds performed extremely well as the Fed actions spurred inflationary concerns, but excellent performance was not limited to commodity related strategies. Equity markets surged and strategies which typically maintain long biases were rewarded. Macro funds which often position themselves across multiple asset classes appear to have taken advantage of the strong moves seen in interest rate, currency and commodity markets. The global macro strategy was one of a handful of strategies tracked by HFN to outperform broad equity markets in the third quarter, returning +3.97% during the difficult three month span.
24 Οκτ 2007
HFN Hedge Fund Industry Reports
Hedge funds posted their best month in years in September. The HFN Hedge Fund aggregate Average was +3.27% as most strategies benefited from the mid-month U.S. Federal Reserve attempting to ease extremely tight credit markets in September. Commodity related funds performed extremely well as the Fed actions spurred inflationary concerns, but excellent performance was not limited to commodity related strategies. Equity markets surged and strategies which typically maintain long biases were rewarded. Macro funds which often position themselves across multiple asset classes appear to have taken advantage of the strong moves seen in interest rate, currency and commodity markets. The global macro strategy was one of a handful of strategies tracked by HFN to outperform broad equity markets in the third quarter, returning +3.97% during the difficult three month span.
