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In the week ending 05 December, 2014, some hedge fund leaders posted strong returns: David Einhorn’s Greenlight Capital is now up 11% YTD after delivering a November performance of 5.8% gains; William Ackman and Barry Rosenstein (Jana) also had good returns in November. Managed futures titan Cantab Capital Partners rose 18% in its main hedge fund last month while newcomer TriDelta High Income Balanced Fund completed its first year of operations with 15.9% gains. Managed futures funds, or commodity trading advisers, had their best month in more than ten years up 8.2% in November. Also smn futures fund capitalized on the CTA comeback with 13.69% gains in November.

But hedge funds were also said to be closing ‘like crazy’ with more than 400 shut downs in the first half of this year; Brevan Howard said it was shutting down its commodity hedge fund due to poor performance; Fir Tree Partners liquidated its Argentina fund after generating an annualized net return of 20% over the past 19 months; AAA Capital Management will shut its doors and return investor money at the end of the year; and Adams Hill Partners which is managed by Andrew Schwartz, plans to shut after assets dw......................

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