Led by strong performance in activist and energy strategies, HFR’s benchmark HFRI Fund Weighted Composite Index notched its sixth consecutive monthly gain last month, booking +0.40 percent. The result topped the mixed performance of U.S. equities as financial market volatility and trading volume declined, Hedge Fund Research (HFR) said in a statement. YTD performance is now up to +3.5 percent. HFRI indices are broadly constructed indices designed to capture the breadth of hedge fund performance trends across all strategies and regions. HFR’s other broad hedge fund measure, the HFRX Global Hedge Fund Index, gained +0.16 percent for August and has...