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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chart watch: A pullback in stocks looms for late NovemberBut for now, the bulls are still running strong
Source: globeandmail - 🏆 5. / 92 Read more »
Tech Stocks Lead European Shares RecoveryEuropean stocks rebounded Thursday, led by tech sector gains, following a two-day decline fueled by U.S. economic concerns and French political challenges. The STOXX 600 index rose 0.4%, while the tech sector climbed nearly 1%.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Stock market today: Stocks open higher as Wall Street closes out strong NovemberNEW YORK (AP) — Stocks are showing slight gains as Wall Street puts the finishing touches on one of its best months of the year. The S&P rose 0.2% while the Dow Jones Industrial Average is up 146 points, or 0.3%. The Nasdaq rose 0.1%.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Stocks gain as Wall Street closes out strong NovemberNEW YORK (AP) — Stocks are closing with solid gains as Wall Street puts the finishing touches on one of its best months of the year. The S&P rose 0.7% while the Dow Jones Industrial Average was up 188 points, or 0.4%. The Nasdaq added 0.8%.
Source: SooToday - 🏆 8. / 85 Read more »
European Stocks Fall Amid Worries Over Russia-Ukraine EscalationEuropean equities declined for a third day amid concerns about an escalation of Russia’s war in Ukraine.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
European stocks sink as investors flock to safety amid geopolitical jittersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »