Multistrats Add to Gains in October

Citadel and D.E. Shaw continue to lead the way.

Ken Griffin (Christopher Dilts/Bloomberg)

Ken Griffin

(Christopher Dilts/Bloomberg)

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.

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