Hedge Funds
The gain brings Highfields back into the green for 2015, according to a Bloomberg article citing unidentified people familiar with the matter. It is now up approximately 3% through the end of October. Many hedge funds were buoyed by equity market rebounds in October following a difficult summer and early fall. The S&P 500 index gained 8.30% during the month, the strongest monthly result since late 2011, while the average equity hedge fund gained 1.90%, according to Hedge Fund Research.  The firm’s biggest U.S. equity holdings including McDonald’s, Microsoft, DuPont and Franklin Resources, all of which rose strongly during the...

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