MACRO GAINS FAIL TO OFFSET HFRI SEPT DECLINES
CHICAGO, (October 7, 2015) – Hedge funds declined for the fourth consecutive month in September, according to data released today by HFR? the established global leader in the indexation, analysis and research of the global hedge fund industry. Global equities, commodities and high yield credit posted steep losses, while volatility posted increases sustained throughout the month. The broad-based HFRI Fund Weighted Composite Index?declined by -1.1 percent in September, the fourth consecutive monthly decline for the Index and the longest such sustained decline since the Financial Crisis in 2008. The performance drawdown of -5.0 percent since June brings the YTD Index performance through September to a decline of -1.3 percent, which still tops the S&P 500 by 400 basis points and the DJIA by over 700 bps.