The Preqin All-Strategies Hedge Fund benchmark returned +1.29% in November. This builds on gains of 0.88% in October and pushes the 2019 YTD and 12-month returns to +9.66% and +7.27% respectively.

All but one of the top-level strategies made gains in November, with equity strategies performing best.

"Equity strategies were the top performer, gaining 1.86% and