Multistrats Add to Gains in October
Citadel and D.E. Shaw continue to lead the way.
Multistrategy funds posted mostly muted gains in October in the face of a strong equity rally.
Even so, most of the funds remained solidly in the black for the year, thanks to one of the top performing strategies of 2022.
Like trend-following CTAs, multistrats have benefited heavily this year from the nearly one-way move in interest rates, as well as from currencies such as the U.S.