CogentHedge Releases November Results
It its most recent newsletter, the firm revealed that with over 64% of the
alternative investment vehicles logged on its database reporting results last
month, November had proven to be "a continuation of the winning streak
for the alternative investment community." Returns for the month were generally positive, according to CogentHedge, with
a dramatic narrowing of the standard deviation of returns for all funds relative
to the preceding months. The CogentHedge newsletter went on to reveal that the average fund of funds
gained 0.52% last month, whilst the average futures fund manager secured returns
of 0.18%. Investment strategies which performed well in October were: Distressed Strategies
(which returned 2.62%), MBS Arbitrage (2.03%), Value (2.05%), Emerging Markets
Equities (1.88%), and Pairs Trading (1.47%). However, funds specialising in Income Strategies experienced a loss of 0.07%
last month, while Index Arbitrage funds dropped 0.08%. .
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