Long/short equity hedge funds – up 15.65% – led all underlying strategies tracked by Credit Suisse's Hedge Fund index through November. The Russell 3000 index rose 30.1% through the first 11 months, while the MSCI ACWI IMI, ex-U.S. index returned 15.3%.
Event-driven funds were next (13.64%), followed by multistrategy funds (9.44%). The overall broad index was up 8.43% for the 11 months.
