Hedge Funds
The Credit Suisse Hedge Fund Index gained 0.20% for the month of November, continuing October’s strong result and bringing the measure’s year to date performance back into the green at +0.14%. Managed futures led the group, gaining 3.73% and echoing other hedge fund benchmarks that noted strong CTA performance last month. Global macro strategies gained 1.41%, followed by 0.23% in Multi-Strategy and minimal 0.15% and 0.08% gains in Emerging Markets and Fixed Income Arbitrage, respectively. On the negative side, it was a tough month for Dedicated Short Bias strategies, which fell -3.27%, Equity Market Neutral, which lost 1.03%, and for...