New York (HedgeCo.net) – In November the UCITS Hedge Fund Index Global is down -0.21% bringing its year to date performance to 0.78% while the Fund of Funds Index is down -0.14% bringing its performance for the year to -0.92%. The Multi-Strategy Index and the Commodities Index achieved the best performance for the month with 0.05% and 0.01% respectively.
The CTA Index and FX Index are the worst performing ones with -2.01% and -0.50% respectively for the period. On a year to date basis the Fixed Income Index is the best performing sector with 3.98% while the Commodities Index shows the lowest return with -4.70%. At the end of November 2010 the UCITS Alternative Index was made of more than 600 constituent hedge funds and fund of hedge funds totaling EUR 96 billion assets under management.
Editing by Alex Akesson