The Financial Standard – The Greenwich-Van Global Hedge Fund Index gained 7 per cent over the year to end October, according to hedge fund index provider Greenwich-Van Advisors (Greenwich-Van).
“Many hedge fund strategies, with the exception of short sellers and convertible arbitrage managers, [also] posted strong gains in November,†said Wade McKnight, vice president of Greenwich-Van.
The hedge fund market is also still ahead of regular equities market, at least internationally.
While the hedge fund index returned 7 per cent year-on-year, the MSCI World Equity Index could only muster 5.3 per cent, the S&P 500 could only achieve 4.9 per cent, the Russell 2000 could only score 3.9 per cent, and Nasdaq could only scrape 2.6 per cent.
