Hedge Funds Eke Out Positive Return For Year so Far, HFRI Reports

(Pension & Investments) Hedge fund industry performance was up nearly 1.5% three-quarters of the way through the year, data from Hedge Fund Research Inc. showed.The HFRI Fund Weighted Composite index returned 1.45% in the nine months ended Sept. 30, while the HFRI Asset Weighted Composite index was up 1.68%. By contrast, the fund-weighted composite index returned 5.7% for the nine months ended Sept. 30, 2017, while performance of the asset-weighted composite index was 4.34%, HFR data showed.

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