The Credit Suisse Hedge Fund Index (the Broad Index) finished up 1.50% for the month in November, with nine of the ten sub-strategies ending the month in positive territory.
Managed futures led the way with an impressive 7.5% return, way ahead of the next best performers Long/Short Equity (1.89%), Emerging Markets (1.71%), Global Macro (1.65%) and Multi-Strategy (1.22%).
The other sub strategies to record positive performance over the month are Dedicated Short Bias (0.64%), Equity Market Neutral (0.57%), Event Driven (0.55%) and Fixed Income Arbitrage (0.21%).
Convertible Arbitrage was the only negative performer during the month with a return of -0.10%.
