(Opalesque) Hedge funds advanced in October, as short-term interest rates rose while the yield curve flattened, and global equity markets reversed prior month losses. The investable HFRI 500 Fund Weighted Composite Index advanced +1.7 percent in October, while the HFRI Fund Weighted Composite Index (FWC) added +1.6 percent, according to data released by HFR.
Hedge fund industry capital passes the $4tn mark
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