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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat