(Opalesque) The Eurekahedge Hedge Fund Index gained 0.84% in November, supported by the strong performance of the global equity market as represented by the 2.76% gain recorded by the MSCI ACWI (Local). Market optimism towards the progress of the US-China trade talks, combined with strong corporate earnings season pushed US equities to new highs during the month. European equities also posted gains throughout the month as Germany narrowly avoided recession and pushed the DAX 2.87% higher over the month.
Equity long bias hedge funds topped the table, on track to record double-digit annual return
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