The HFRX Convertible Arbitrage Index had a particularly nasty month in October, losing over 36% of its value. The index is now down 52.22% on the year. The Distressed Securities Index, Equity Hedge Index, Event Driven Index and Relative Value Arbitrage Index have all had nasty years as well...
The HFRX Global Hedge Fund Index is designed to be representative of the overall composition of the hedge fund universe. It is comprised of all eligible hedge fund strategies falling within four principal strategies: equity hedge, event driven, macro/CTA, and relative value arbitrage. The underlyi...