Strategy focus: Multistrategies fail to excite

Tue Oct 30, 2007



Multistrategy funds turned in an unremarkable performance in September, even as the financial markets rejoiced at the size of the Federal Reserve’s 50 basis-point rate cut. The Absolute Return Multistrategy Index gained 1.39% for the month, bringing its year-to-date performance to 7.58%. That’s a bit less than the Absolute Return Composite, which gained 1.85%....

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