The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.47 per cent in October as three of the seven index component strategies reported positive results for the month.
The three top performing strategies were event driven (0.75 per cent), convertible arbitrage (0.61 per cent), and emerging markets (0.48 per cent).
The worst performer was managed futures, which was down by 3.84 per cent.