Hedge Funds Down in October, but Whallop the S&P 500

The Hennessee Index declined 5.5% in October, while the The Greenwich Hedge Fund Index was down 5.1% and 14% for the year. Yet despite the last couple months of poor hedge fund returns, these losses pail in comparison with the S&P 500 which is down more than 35% on the year and was down 16% in October, three times as much as the hedge fund indeces.

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