07.12.2009 Opalesque Exclusive: Year-end should be quiet as managers lock in gains
From Kirsten Bischoff, Opalesque New York:

Many hedge funds added gains in November according to early information released by the Hennessee Group, which reported the Hennessee Hedge Fund Index posted a +1.8% return for the month. However, the drop in returns against market indices (the S&P 500 returned 5.3% in November) also makes it clear that hedge fund managers are happy to end the year

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