This Morgan Stanley-Managed Hedge Fund Generated A Robust Return In A Challenging Market [Exclusive]

Morgan Stanley Investment Management’s Riverview Omni Fund Series B returned 2.29% net for October after gaining 1.84% for the third quarter, bringing its year-to-date return to 13.83%.

Volatility Sweeps The Markets

In their third-quarter letter to investors, which was obtained by ValueWalk, the Omni team highlighted the upside and downside volatility across both the equity and fixed-income markets. They noted that the global equity markets retested the lows set in June amid mounting pressures from the ever-tightening financial conditions.

Q3 2022 hedge fund letters, conferences and more

Meanwhile, the world’s central banks are compounding those issues by continuing to raise rates while selling bonds to reduce their balance sheets, roiling the fixed-income...