Hedge Fund Performance Commentary

The Eurekahedge Hedge Fund Index declined -1.14% in November, outperforming the global equity market as represented by the MSCI ACWI (Local) which returned -2.03% over the same period. Growing market fears over the emergence and spread of a new Omicron variant of COVID-19 blunted risk sentiment as early indications suggest that Omicron may be markedly more contagious than previous variants.

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