With many multistrategy managers struggling to keep their
heads above water, Don Morgan's Brigade Leveraged Capital
Structures Fund is outperforming its peers simply by turning in
In April, the $2.8 billion long/short multistrategy fund,
which focuses on high-yield and distressed strategies, returned
0.78%, lifting its year-to-date gain to 1.2%. In comparison,
the Absolute Return Multistrategy Index had gained 0.94%,
leaving it with a...