Digital Assets Report

Newsletter

Like this article?

Sign up to our free newsletter

Equity market neutral strategies took a hit in November while CTAs underperformed in early December, says Lyxor

Related Topics

Hedge funds fared better in November compared to October but still ended the month in negative territory, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.

Merger Arbitrage continued to outperform last month in a very robust M&A context in the US (but not in Europe) despite the turmoil in equity, credit and commodity markets.
 
CTAs underperformed in early December, partly due to the US Dollar reversal. FX remains one of the few asset classes where CTAs maintain directional positions. The strategy has been long for the USD vs Euro, the British Pound and the Japanese Yen in recent quarters.
 
Concurrently, CTAs have trimmed positions in equities, bonds and commodities.
 

Like this article? Sign up to our free newsletter

Most Popular

Further Reading

Featured