(Opalesque) November was a sea of red for most of the Hedge Fund world, with only a handful posting monthly gains. Sub-sectors that were in positive territory for the month were the Equity Market Neutral Index advancing 0.77%, and the Distressed Securities Index gaining 0.76%. The Merger Arbitrage Index and the Emerging Markets MENA Index finished November just over the line into the win column.
Hedge Fund industry off course, with a -1.22% loss in November, bringing YTD gains to 8.89%
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