Bloomberg Index Drops 1% In Nov.

Dec 7 2011 | 10:16am ET

Hedge funds fell twice as much as the Standard & Poor's 500 Index in November, the Bloomberg Aggregate Hedge Fund Index shows.

The benchmark lost 1% last month, compared to 0.5% for the broad-market index. But it did better than global stocks burned by the European sovereign debt crisis.

The Bloomberg index is now down 3.8% on the year.

Long/short equity funds were particularly hard hit, falling 2.1% on the month (down 3.8% year-to-date). Macro funds shed 1.5% (down 4.8% YTD) and multi-strategy funds 1% (down 1.8% YTD).


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

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

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of