Pivotal Point of View — October 2024

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Pivotal Point of View · October 2024

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

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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.

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