November was another challenging month for European hedge
fund managers in what has been a very tough and volatile year
for most hedge fund strategies in 2011 – with the
EuroHedge Composite index down by 0.54% on a median basis, and
by 0.72% on a mean average basis, to show returns of -2.64% and
-5.77% respectively after 11 months of the year.
Fixed-income, equity market-neutral and quant, currency and
event-driven were the only strategies to record positive median
returns on the month – while, on a mean average basis,
the only positive strategy...