Hedge funds weathered another harsh month in November; the composite Eurekahedge Hedge Fund Index was down only 0.71% on the month, as global equities and commodities tumbled (the MSCI World Index and Reuters CRB Index lost -6.7% and -9.7% respectively).
Highlights of hedge fund performance and asset flows for the month are as follows:
November 2008 | US$ billion |
---|---|
Allocation (Inflows) | 4.1 |
Redemption (Outflows) | 57.3 |
Net Asset Flows | -53.2 |
Positive Performance (growth) | 76 |
Negative Performance (decline) | 94.3 |
Total | -18.3 |
Overall Total | -71.5 |
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