Credit Suisse Liquid Beta Indices Have Bad News For Nov.

Dec 2 2010 | 2:34pm ET

Hedge funds are unlikely to enjoy a second-straight year of double-digit returns after losing significant ground in November.

The average hedge fund lost 1.29% last month, according to the Credit Suisse Liquid Alternative Beta Index. Losses were suffered across all four strategies tracked by the suite of replication indices, with merger arbitrage suffering the worst, dropping 2.42% (up 0.56% YTD).

November's decline pushed the LAB liquid macro index into the red on the year at 0.32% (down 1.35% YTD).

Event-driven funds shed 1.31% last month, but remain up 9.79% on the year. Long/short funds dropped 1.14%, but are up 6.63% on the year.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...