Despite a rally in developed markets during the month, with
the S&P up 2.26%, funds of funds began the year with a
lacklustre 0.35% return in January.
With political tensions spreading in the Middle East and
fears over rising inflation in many countries threatening the
global recovery, most are in wary mood.
Headstart Fund of Funds was up 2.21% on the month, taking
three-month figures to a relatively robust 8.16%, while
Persistent Edge Global...