Similarly, the HFRI EM: Russia/Eastern Europe Index has added +8.2 percent YTD, following a jump of +27.0 percent in 2016. Total EM hedge fund capital invested in Russia/Eastern Europe has increased +4.4 percent in 2017 to $30.6 billion. The HFRI EM: MENA Index fell -1.2 percent in 3Q17 and -1.85 percent in October, paring the YTD return to +4.7 percent. The Index has seen declines of -3.8 and -7.1 percent, respectively, in each of the prior two calendar years.