Cheyne, Vega lead as credit starts 2012 well


January was a positive month for all but a few credit funds. Cheyne Total Return Credit scored a return of 8.91%, while Cheyne Long Short Credit was up 4.95%. Vega Credit Opportunities made 7.26%, Alcentra Structured Credit Opportunity returned 6.72%, Gladwyne was up 4.78%, and BCM High Yield gained 4.81%.

IFPC Zenith High Yield Bond was up 4.42%, Dexia Bonds Global High Yield returned 4.03%, Capital Four Credit Opportunities made 3.71%, Chenavari Toro Capital was up 2.58%, and Pamplona Credit Opportunities gained 2.09%. RAB European Credit Opportunities made 1.85%, while Nightscape Global Value was up 0.94%.

The few