Hedge funds were mixed through mid-November with the HFRX Global Hedge Fund Index and the HFRX Absolute Return Index declining -0.55% (+4.68% YTD) and -0.38% (+3.26% YTD), respectively, Hedge Fund Research said in its latest performance update.

During the same period, global financial markets posted declined, with equities modestly paring strong YTD gains in b