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CHICAGO, (November 6, 2015) – Hedge funds posted strong gains in October to begin the fourth quarter, according to data released today by HFR? the established global leader in the indexation, analysis and research of the global hedge fund industry. October? gains partially reversed declines from a volatile 3Q, driven by equity, fixed income and credit-sensitive strategies. The HFRI Fund Weighted Composite Index?(FWC) posted a gain of +1.7 percent for the month, bringing the FWC to an Index Value of 12,424, with gains led by Equity Hedge and Activist strategies. October represents the strongest FWC monthly gain since February and brings the YTD performance to +0.03 percent. This YTD gain tops the decline of the DJIA, but narrowly trails the modest gain of the S&P 500, which reversed a sharp YTD decline with strong October performance.