Despite posting November losses, two Morningstar Inc. hedge fund indexes still came out ahead this year in what has shaped up to be tougher time for the asset class.
The Morningstar 1000 Hedge Fund Index dropped .8% in November, while the Morningstar MSCI Composite Index fell .1% that month. Despite those declines, both indexes have risen in the year to date through November, with the Morningstar 1000 Hedge Fund Index up 6.1% and the Morningstar MSCI Composite Index rising 7.2%, according to new data released by the firm.
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