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In the week ending October 8th 2021, the data released by HFR said that hedge funds gained in September, navigating a volatile month paced by sharp declines in global equities and fixed income, as inflationary pressures continued to mount. The HFRI Fund Weighted Composite Index (FWC) advanced +0.13 percent in September, topping declines in equities by over 500 basis points, while the investable HFRI 500 Fund Weighted Composite Index gained +0.24 percent, according to data released by HFR.

Almost all (99%) of all hedge funds that participated in the Alternative Investment Management Association's (AIMA) Global Hedge Fund Confidence Index are confident in the economic prospects of their business over the coming 12 months. According to the Index, managers' belief in their prospects continues to grow, up to a score of +20.4 on a -50 to +50 scale), an increase on the second-quarter results.

Meanwhile, in the second quarter, there were 180 hedge fund launches and 149 liquidations. The net 31 openings mark the fourth consecutive quarter in which launches exceeded closings. This comes after eight quarters of net closures. Annually, liquidations have exceeded new hedge fund openings since 2015. Last year, there were 231 net subtractions, although momentum built in the back half of the year with 38 net additions. In the first half of this year, there have been 61 new funds after subtracting the liquidations.

In performance news, Citadel's multistrategy flagship fund Wellington gained 7.8% in September, bringing its year-to-date performance to 18.5%; The Haidar Jupiter Fund surged 26 percent last month, bringing its gain for the year to 70 percent, while Greenlight Capital, the value-driven hedge fund headed by Dav......................

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