Hedge Funds
Hedge funds moved higher last week as established trends in foreign exchange, equities, commodities and fixed income largely continued intact, according to Lyxor Asset Management’s most recent Weekly Brief. The Lyxor Hedge Fund Index gained 0.6% in the period between November 24 and December 1, 2015, which encompassed the U.S. Thanksgiving holiday but does not include the ECB’s monetary policy announcement on December 3rd, which caused significant trend reversals. Long term CTAs outperformed, rising 1.5%, while Event-driven recovered from recent weakness to gain 0.7%. L/S Equity and Global Macro rose 0.4% and 0.6%, respectively. L/S Credit and Fixed Income Arbitrage...