EuroHedge November hedge fund performance round-up

Fri Dec 17, 2010

European hedge funds emerged unscathed for the most part from a highly volatile month in the markets in November, with the EuroHedge Composite index showing a flat return of 0.1% on a median basis and 0.09% on a mean average basis.

The major exception was in managed futures, where many of the big CTA systematic trading groups suffered substantial setbacks as markets were roiled again by the worsening Eurozone sovereign debt crisis.

Managed futures funds were down by 2.26% on a median basis, with some of the biggest CTAs faring far worse. Man AHL Diversified, for instance, was down by 8.11% on the month – halving its YTD return to 8.6% to the end of November.

But early evidence suggest that most of the big CTAs are bouncing back again in December’s more buoyant market conditions – with several of...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI