Alt Investments

All Hedge Fund Strategies Made Money In November - Deutsche Bank

Tom Burroughes Group Editor 24 December 2014

All Hedge Fund Strategies Made Money In November - Deutsche Bank

Deutsche Bank’s monthly snapshot of hedge fund returns shows all strategies made money in November, bringing returns since the start of the year to 4.61 per cent.

Deutsche Bank’s monthly snapshot of hedge fund returns shows all strategies made money in November, bringing returns since the start of the year to 4.61 per cent.

Commodity trading advisors and managed futures strategies led the gains, with the median fund result coming in at 4.02 per cent in November from a month earlier, the German banking group said. Since the start of the year, these strategies racked up gains of 8.73 per cent, it said.

In Europe, CTA/managed futures posted the strongest returns in November of 5.52 per cent, bringing the year-to-date median return to 12.72 per cent, Deutsche Bank. In the US, these strategies posted the highest return for the month at 2.95 per cent, but credit strategies continue to lead cumulative performance with 6.92 per cent YTD vs CTA/managed futures at 6.26 per cent YTD.

In Asia, macro strategies continue to lead, gaining 2.55 per cent in November (7.88 per cent YTD), the bank said.

In terms of leverage, the bank noted that gross fundamental equity exposure increased slightly by 0.53 per cent in November last month, ending at 2.75, while net fundamental equity exposure decreased 2.78 per cent over the month to 0.67.

 

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes