Hedge funds were up for the third consecutive month in November, with the global markets maintaining their upward momentum. According to Eurekahedge’s report for November 2013, distressed debt investing remain the best performing strategy in 2013, up 14.81% November to-date. Eurekahedge hedge fund index surpasses MSCI world index Eurekahedge’s recent report highlights that its Hedge Fund Index was up 1.37% during the month, surpassing the MSCI World Index which gained 1.27% during November. Furthermore, total assets in the hedge fund industry now stand at a record level of $1.97 trillion, edging past the previous record of $1.95 trillion recorded in…
Hedge Funds Post Gains For Third Consecutive Month
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports
