Hedge funds decline 1.4% in October as technology selloff hits performance
Hedge funds declined 1.4% in October as sharp losses in technology and artificial intelligence-related equities weighed on equity and macro strategies, while activist and fixed income managers delivered positive returns, according to new data from HFR. The HFRI Fund Weighted Composite Index fell an estimated 1.4% during the month, with approximately 60% of hedge funds recording losses. Equity…
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