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CHICAGO, (February 6, 2015) – Hedge funds posted gains in January, effectively navigating extreme macroeconomic dislocations across global financial markets, as oil saw steep losses, the European Central Bank announced QE stimulus measures driving sovereign fixed income yields to record lows, and the Swiss National Bank shocked global currency markets with a surprise abandonment of a currency cap to the Euro. The HFRI Fund Weighted Composite Index?gained +0.5 percent for the month, led by Macro trend following, quantitative CTA and Currency exposures, as reported today by HFR? the established global leader in the indexation, analysis and research of the global hedge fund industry. HFRI gains occurred against a backdrop of mixed equity market performance in January, as US equities declined and European equities primarily advanced, with notable exception of the Swiss equity market.