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Hedge funds have a bouncy September

Except for short-selling strategies, all the major hedge fund strategies were up in September.

September was positive for Asian hedge funds, with the Asia ex-Japan index rebounding from a 0.9% fall in August to a 4.04% rise, according to Hedge Fund Research (HFR). Leading the charge were the energy, distressed/restructuring and convertible-arbitrage indices, each with positive monthly returns of around 4.5%.

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