Hedge funds outperformed broader equity markets in September, rising against a backdrop where the S&P 500 (SP500) declined 4.6%.

The PivotalPath Hedge Fund Composite rose 0.1% in September, resulting in a 7.4% YTD increase. This was against a backdrop of widely declining markets where the S&P 500 dropped 4.6%. The Composite outperformance of 4.7% vs. the S&P 500 r