Hedge Funds
The HFRU Hedge Fund Composite Index, which measures UCITS-compliant hedge funds, is up 0.14% so far in October, according to a mid-month update by Hedge Fund Research. The data, which is through October 19, reflects the rise in bond yields and mixed global equity markets early in the month.  Accordingly, the index’s four sub-measures are a mixed mag at October’s halfway mark, with two in the green and two in the red.  The company’s HFRU Relative Value Arbitrage Index is up +0.32% through mid-October as gains from volatility, global credit and sovereign strategies were partially offset by declines in European...