Bennelong's Long Short Equity Fund recorded solid growth in December as several key pairs added value.

Fortitude\\'s Absolute Return Trust was slightly down in November, only losing 0.0157%, largely due to poor performance in the fund\\'s derivatives book which has been scaled back and restructured to reduce exposure going forward.

Techinvest\\'s Intercept Capital Fund has reported a positive return of 4.39% for November with the main contributors being a long position in Synaptics and short positions in Diebold and Hitachi.

Antares\\' Lodestar Absolute Return Trust reported a 0.85% gain in November with a diverse range of holdings contributing to the result.

Pengana\\'s Australian Equities Core Fund posted a gain of 1.0% in November, in part due to rising precious metal prices. Holdings in Aquarius Platinum, Lihir Gold and Sino Gold all made positive contributions, along with industrial...

The Austral Equity Fund finished the month up 0.78%, mainly attributed to a moderate increase in the value of its interest rate securities holdings and equity long positions.

Commodity Strategies' Long Short Fund posted an impressive 4.28% return in November. Metals including gold, silver and platinum were the main positive contributors

AR Capital's Ascot Fund returned a positive 0.15% for the month as the fund was caught out with a conservative stance while waiting for events in the middle east to play out, so missing out on the almost 3% upward swing on November 30.

Regal's Tasman Market Neutral Fund finished November up 2.7%, making profits on both long and short positions.

Bennelong's Long Short Equity Fund performed well in November, gaining 1.71%. However the manager said performance was adversely impacted late in the month by large volatility swings in world makets due to Dubai related credit issues.