Monday, 31 August 2015
Last updated 2 days ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…