The Dow Jones Credit Suisse Hedge Fund Index (the Broad Index) finished November down 0.79%.

Of the ten sub-strategies that make up the broad index, only three saw positive returns during the month – Equity Market Neutral (0.09%); Fixed Income Arbitrage (0.50%); and Managed Futures (0.18%). All other sub strategies were negative with Emerging Markets the biggest loser down 2.69%.