09.12.2010 Eurekahedge Hedge Fund Index +0.55% (est), +7.2% YTD in November
Opalesque Industry Update - The Eurekahedge Hedge Fund Index was up 0.55% in November 2010, with hedge funds recording flat to positive returns for the month across the board. Hedge funds outperformed the underlying markets by 2.90% as the MSCI Word Index2 dropped 2.35%.

Below are the key highlights for November:

Early reporting funds indicate that US$5 billion went into the industry in November.

Japanese hedge funds have outperformed the Topix by almost 9% YTD November.

Distressed debt hedge funds were the top performing strategic mandate for the past two years, having gained almost 60% over this period.

Asia ex-Japan funds have witnessed six months of back-to-back positive returns, up 12.50%. Full performance reports available: Source

(press release)

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