Reuters – Hedge funds climbed 2.6 percent in the third quarter, buoyed by rallying global stock markets, and some of the industry’s most famous investors saw their portfolios leap into double-digit return territory.
Hedge funds, on average, gained 0.8 percent in September, according to fund tracker eVestment|HFN, and the strong quarter helped year-to-date returns for the industry reach 5.1 percent.
