HFRI Indices October 2013 Performance Notes

HEDGE FUNDS GAIN TO BEGIN FOURTH QUARTER AS U.S. OUTLOOK IMPROVES

Macro & CTA strategies register best gains since January; Equity, Event funds lead industry with best YTD performance since 2009

CHICAGO, (November 7, 2013) - Hedge funds posted broad-based gains to begin the fourth quarter, as the U.S. government shutdown concluded while investors and fund managers positioned for an anticipated reduction of the Federal Reserve's stimulus measures in early 2014. The HFRI Fund Weighted Composite Index (FWC) gained +1.5 percent for October, the 10th gain in the last 12 months, with positive contributions across all strategies led by Equity Hedge and Event Driven, as was reported today by HFR, the established leader in indexation, analysis and research of the global hedge fund industry. The FWC Index has gained +7.2 percent through October, the best YTD performance since 2009 when it gained +20.0 percent.


Comments reference Flash Update performance figures as posted on November 7, 2013.


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