Hedge funds bounced back a bit in November, according to one industry tracker.
Hedge Fund Research's HFRX Global Hedge Fund Index nearly made up for October's 0.52% decline with a 0.41% jump in November. The benchmark is up 2.57% on the year, far behind the broader markets with just a month to go in 2012.
Fundamental growth funds added 1.83% last month (4.62% year-to-date). Emerging markets funds rose 1.36% (6.75% YTD), credit funds 1% (6.09% YTD), convertible arbitrage funds 0.93% (6.07% YTD) and special situations 0.92% (3.78% YTD).
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Hedge Fund Research's HFRX Global Hedge Fund Index nearly made up for October's 0.52% decline with a 0.41% jump in November. The benchmark is up 2.57% on the year, far behind the broader markets with just a month to go in 2012.
Fundamental growth funds added 1.83% last month (4.62% year-to-date). Emerging markets funds rose 1.36% (6.75% YTD), credit funds 1% (6.09% YTD), convertible arbitrage funds 0.93% (6.07% YTD) and special situations 0.92% (3.78% YTD).
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