Hedge funds increase leverage and short positions

Most hedge funds  posted gains in September reversing some of the year-to-date losses and bringing hedge fund performance more into line to that of equities for the year; that’s according to JP Morgan’s October 18 Prime Brokerage Global Hedge Fund Trend report.   Self-Learning Machines Beating Hedge Funds All Hedge Funds Selling Stock Into Uncertainty Q3 hedge fund letters   Specifically, the September month-over-month performance for the HFRI Fund Weighted Composite Index was +0.62% — the seventh consecutive month of positive performance. Year-to-date the index is now up by 4.19% compared to 7.84% for the S&P 500 index. For the…