Facing returns in the low single digits, the University of
Missouri System in the summer of 2005 pulled out of DKR
Capital, citing its view of a steady deterioration in the
firm's capabilities during the previous 12 months.
Since then, however, DKR's performance has greatly improved.
DKR International Relative Value Fund, a multistrategy
portfolio allocated to nine DKR funds, acts as a fair proxy to