Friday, 4 September 2015
Last updated 16 hours ago
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).
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…