Hedge funds back on track in September

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September was the calm after the storm as U.S. hedge fund performance rallied and all Absolute Return strategies produced positive returns, according to preliminary results. The Absolute Return Composite climbed 1.83%, making up for loses in July and August, to finish up 6.98% for the year. The Composite is now on-par with its performance at this point last year, at which time it was up 6.96%.

With its strongest return since November 2004, the Absolute Return Commodities Index posted a stellar return of 6.30% for the month and is now the strongest strategy for the year, up 12.09%.

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