| 07.10.2008 Opalesque Exclusive: HFRI Global Hedge Fund Index down 6.90% (est.), HFRX Convertible Arbitrage Index worst at -16.55% (est.), HFRX Equity Market Neutral Index, best at -0.24% (est.) |
| From Kirsten Bischoff, Opalesque New York: The HFRI Global Hedge Fund Index returned an estimated -6.90% for September. Across the strategies Convertible Arbitrage Index was at -16.55%, followed by Relative Value Arbitrage Index at -9.37%, Equity Hedge Index at -8.59%, HFRX Event Driven Index at -7.37%. (HFRX Indices - table). Convertible Arbitrage was perhaps the strategy hardest hit |