The 48th Hedge Weekly incorporating Investment Funds Performance Review by the HSBC Alternative Investment Group for the week ended November 29, 2013, presents a wealth of data on how funds performed in 2013 up to the date analyzed by strategy.
Average returns by strategy as per the report have been shown below in descending order of performance.
| Fund Type | Fund Category | 2013 YTD Returns % |
| Equity-Energy | Equity Long/Short | 32.75 * |
| Equity-Pharma-Biotech | Equity Long/Short | 22.66 |
| Equity-Healthcare | Equity Long/Short | 21.55 |
| Equity-Diversified | Event Driven |


