Event Driven funds enter double digit territory for 2013.
Hedge funds in the U.S. had a great end to the third quarter, rising 1.58% for the month. This is the Absolute Return Composite's best monthly return since January 2012, when it was up 1.74%.
Globally, the HedgeFund Intelligence Composite gained 0.82% in September and is up 5.45% through the year.
Macro funds rebounded from three straight losing months to climb 3% in September. That pushed the strategy into positive territory for the year, with a gain of 2.99% in 2013.
Note: These indices were accurate as of October 9, and are subject to change. For the most recent performance statistics,