Asset Flows Update

The Eurekahedge Hedge Fund Index was down 0.14% in November while underlying markets as represented by the MSCI World Index edged 1.11% higher during the month as equity markets recovered from the decline in October. Dovish tone from the Fed chair raised expectations of a more gradual rate hike pace, providing a tailwind for equity markets around the globe. Positive anticipation over a potential truce between Trump and Xi during the G20 summit has also helped improve market sentiment throughout the latter half of the month.

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