New York (HedgeCo.net) – The December results for the Credit Suisse Hedge Fund index were released last week and the 2015 numbers for the index weren’t down as much as some other hedge fund indices. For the month of December, the broad-based index was down 0.85% and that took the annual performance for 2015 down to a loss of 0.71%.

As for specific strategies, the best performing strategy in December was dedicated short bias with a gain of 4.8% and the second best performing strategy was equity market neutral with a gain of 1.6%. Global macro strategies were the worst performers in December with a loss of -2.05%.

For the entirety of 2015, event driven strategies had the worst performance with a loss of 6.29%. More specifically, distressed strategies and multi-strategy event driven funds performed poorly with losses of 5.3% and 6.67%, respectively. As for the top performing strategy for 2015, that honor belongs to the multi-strategy group with a gain of 3.84% followed closely by the equity long/short group with a gain of 3.55%.

In all, of the ten categories of strategies, seven of the ten finished in the black in 2015.

Rick Pendergraft
Research Analyst
HedgeCoVest