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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...