Global hedge funds advance in October amid stocks rally
Source: Reuters
NEW YORK, Nov 7 (Reuters) - Global hedge funds posted a 2% gain in October, helped by a rally in stock markets and a combination of higher inflation and interest rates, data provider HFR said in a statement on Monday.Equities, event-driven and macro hedge fund indexes went up last month, according to HFR, adding two-thirds of all hedge funds posted gains.Only macro hedge funds, however, delivered positive returns…