Hedge funds ended November with marginal losses as the investment environment continued to be unpredictable. The Eurekahedge Hedge Fund Index was down 0.87% during the month as the global markets experienced large declines. The November year-to-date figure fell to a negative 3.78%.
Risk aversion remained high during the month with the eurozone debt issues continuing to dominate investor sentiment. Although November started with gains in equity markets, mid-month trend reversal