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In the week ending December 13th 2019, two brand name names funds are going opposite directions, at least performance wise: Maverick Capital posted explosive results in November, far exceeding the performance of most hedge funds. As a result, the firm, which had been faltering somewhat since a strong first quarter, is poised to post its best results in many years. On the other hand, Discovery Capital Management is poised to post its fifth loss in the past six years after its flagship fund lost nearly 19 percent in November.

HFR announced that the HFRI Fund Weighted Composite Index gained +1.2 percent in November, as optimism regarding U.S. economic growth outweighed risks and negative sentiment around trade/tariff negotiations and impeachment proceedings. The Barclay Hedge Fund Index was up 1.12% while the Eurekahedge Hedge Fund Index also reported gains of 0.84% in November, supported by the strong performance of the global equity market as represented by the 2.76% gain recorded by the MSCI ACWI.

Meanwhile, after two straight down months, the managed futures industry reversed course in November posting a 0.40% monthly return, according to the Barclay CTA Index,

In new launches, Las Vegas-based asset management and advisory firm Five Star Funds has ......................

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