TheHFRXGlobalHedgeFundIndexisdesignedtoberepresentativeoftheoverallcompositionofthehedgefunduniverse.Itiscomprisedofalleligiblehedgefundstrategies;includingbutnotlimitedtoconvertiblearbitrage,distressedsecurities,equityhedge,equitymarketneutral,eventdriven,macro,mergerarbitrage,andrelativevaluearbitrage.Thestrategiesareassetweightedbasedonthedistributionofassetsinthehedgefundindustry.

但长期来看，随着经YD5C去杠杆的开启，融资HERb求回落带来利率长期sGwE行，债市重回基本面z4wn动的逻辑pDHy