CS/Tremont Hedge Fund Index Up 17.53% YTD

Dec 15 2009 | 12:14pm ET

Credit Suisse/Tremont Hedge Fund Index Confirms Positive Performance in November, Up 2.11% for the Month and Up 17.53% YTD.
 
Hedge funds gained 2.11% in November, bringing year-to-date performance to 17.53%, according final numbers for the Credit Suisse/Tremont Hedge Fund Index. Managed Futures and Global Macro led the performance among sectors, returning 4.94% and 3.52%, respectively, in November.

“Gains were largely due to long equity and metal positions as well as due to bearish views on the U.S. Dollar,” said Oliver Schupp, president of Credit Suisse Index Co. “On the other hand, as equity markets rallied, Dedicated Short posted losses of 2.99% and was the only sector to finish the month in negative territory."

Credit Suisse/Tremont Hedge Fund Index  

Index Nov.2009 Oct.2009 YTD2009
Broad Index 2.11% 0.13% 17.53%
Convertible Arbitrage 0.80% 2.16% 44.14%
Dedicated Short Bias -2.99% 4.79% -21.69%
Emerging Markets 1.37% 0.90% 27.51%
Equity Market Neutral 0.08% -0.35% 4.97%
Event Driven 2.16% 0.43% 17.70%
   Distressed 2.08% 0.71% 17.99%
   Event Driven Multi-Strat 2.26% 0.21% 17.44%
   Risk Arbitrage 1.03% 0.16% 11.57%
Fixed Income Arbitrage 1.71% 1.94% 26.45%
Global Macro 3.52% 0.21% 13.17%
Long/Short Equity 1.92% -1.21% 17.48%
Managed Futures 4.94% -2.17% -1.65%
Multi-Strategy 0.96% 1.12% 23.17%
S&P 500 TRI Index* 6.00% -1.86% 24.07 %
Dow Jones World Index* 3.81% -1.82% 29.09%

  

*Total Return Indices

The following funds are no longer reporting to the Broad Index: SSI Long/Short Equity Market Neutral and Weavering Macro Fixed Income Fund Ltd.

The Broad Index is constructed using the Credit Suisse/Tremont database of more than 5,000 hedge funds.  It includes both open and closed funds located in the U.S. and offshore, but does not include fund of funds. In order to qualify for inclusion in the index selection universe, a fund must have a minimum of US$50 million in assets under management, a 12-month track record, and audited financial statements.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note