Man Athena Fund Down 0.55% In Nov.

Dec 6 2011 | 1:02pm ET

With a month to go in 2011, a Man Group fund is clinging to its place in the black.

Man's Athena Guaranteed Futures fund fell 0.55% last month. If December proves as cruel as November, Athena will end the year in red: The fund is currently up just 0.5% over the past 12 months.

Athena's November returns are in line with most of its hedge fund peers. Industry indices show the average hedge fund lost between 0.4% and 1.4% on the month.


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