LONDON, Dec 4 - Global stock and currency markets helped European hedge funds finish November with positive results, as markets surged on a U.S. election win for Donald Trump and the Republicans, performance numbers seen by Reuters on Wednesday showed.
Sharp moves globally in currencies and stocks helped the $700 million Paris-based Metori Capital Management to an estimated month-end performance of 4.6% for November in its Metori Epsilon Diversified fund, taking the 2024 return up to 13.4%, said a source familiar with the fund's performance. The $13 billion Winton Capital returned 0.3% in its multi-strategy fund adding to an 8.8% performance for 2024.
Returns for Capital Fund Management's funds ranged from just over 8% in the CFM Stratus Fund to 18.88% in the $15.5 billion hedge funds' IS Trends fund, said a fourth source.
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