November sees hedge funds outperform underlying markets by 2.6%

The Eurekahedge Hedge Fund Index was down 0.65% in November amid larger declines in global markets. Risk aversion remained high during the month with the Euro zone debt crisis continuing to dominate investor sentiment. Although the month started with gains in equity markets, mid-month trend reversals and a strong rally at month’s end made it a tough investment environment. The MSCI World Index witnessed losses of 3.22%.

Key highlights for November:

• CTA/managed futures hedge funds gained 0.71% in November
• The Mizuho-Eurekahedge Top 100 Index remained in the black November YTD; up 2.66%
• Early reports indicated net positive asset flows to hedge funds in November 2011
• Hedge funds outperformed underlying markets by 2.6% in November

To read more, please see the full Eurekahedge Index Flash, also accessible on Scribd and Issuu.