Tuesday, 24 May 2016
Last updated 8 hours ago
Dec 6 2011 | 12:02pm 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.