EuroHedge November hedge fund performance round-up


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