Pivotal Point of View — October 2024

Published 18 November 2024 · Covers October 2024

Originally issued as November 2024.

Despite October’s volatility, hedge funds did a credible job of besting the wider markets over a challenging month, with the PivotalPath Hedge Fund Composite Index flat at 0.1%.

+0.1%Composite, October

+8.4%Composite, year to date

+2.2%Composite, Q4

Equity SectorLeading strategy

Headline strategy indices

Strategy	October	Year to date
Equity Sector	+1.5%	+13.6%
Multi-Strategy	+0.6%	+8.9%
Credit	+0.6%	+8.7%
Volatility Trading	+0.3%	+2.0%
Event Driven	+0.1%	+8.1%
Global Macro	+0.0%	+3.6%
Equity Diversified	−0.4%	+10.5%
Equity Quant	−1.1%	+12.6%
Managed Futures	−2.3%	+0.2%

Net of fees, in USD. The Composite plus the nine headline indices with a published monthly series; ordered by month return.

← PreviousSeptember 2024 Next →November 2024