Multi-Strategy Hedge Funds Post Mixed September Results
Major multi-strategy hedge funds saw divergent performance in September 2026, with equity-focused managers gaining while fixed-income volatility muted other returns.
Man Group 1783 led a group of major multi-strategy hedge funds with a 10.9% year-to-date return, following a 1.9% gain in September 2026. Other industry leaders saw more muted results during the month due to fixed-income volatility, with Millennium Management remaining flat and ExodusPoint Capital Management recording a 0.4% loss.
Equity-focused managers outperformed the broader market, as the S&P 500 finished September down approximately 0.5%. Dymon Asia posted a 0.7% gain for the month and a 7% return for the year, while North Rock Capital gained 0.4% in September and 5.1% year-to-date. Rurality Movement experienced a slight dip of 0.2% in September but maintained a 6.6% gain for the year.