Citco Monthly Hedge Fund Update - October 2024

18 November 2024 - Hedge fund performance dipped marginally in October, ending a strong run of positive returns that stretched back to May, as a number of strategy types experienced declines.

Hedge funds administered by the Citco group of companies (Citco) saw an overall weighted average return of -0.4%, marking only the second negative month of performance this year. Despite the dip in October, year-to-date (YTD) the overall weighted average return remains in double-figures, at 10.6%.

These are some of the findings from Citco's Monthly Hedge Fund Update, which explores performance, capital flows, trade volumes and treasury volumes during the month of October.