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Managed Futures Lead, Credit Hedge Funds Down Again In November
The hedge fund industry produced an aggregate return of -0.26% in November, bringing YTD returns deeper into negative territory for 2015, -1.21%. The industry’s last annual decline was 2011 when average returns were -4.99% and the S&P rose +2.11%. Despite overall industry returns being negative in 2015, the distribution of returns across funds is very slightly in favor of positive performance (50.2% positive, 49.8% negative). The average positive return is 7.28% and the average negative return is -9.23%. 2015 returns ... Full investment news article
Non-fossil Fuels Make Up 12 Percent Of China's Primary Energy Mix At End-2015: Climate Envoy
BEIJING (Reuters) - Non-fossil fuels accounted for 12 percent of China's primary energy mix at the end of 2015, exceeding an earlier target of 11.4 percent, Xie Zhenhua, China's senior envoy on climate change, told reporters on Wednesday. Full investment news article