The global rally continued in February and multi-strategy
fund of funds registered welcome gains. While equities led the
way, nearly all strategies were positive on the month.
Columbus Selection was up 3.18% to take three-month numbers
to 5.3% while Haussmann Holdings gained 3.13%, leaving
threemonth figures at 5.51%, and Permal Investment Holdings NV
A, a fund that is now 20 years old (see Fund Analysis) was up