Multi-strat funds rebound after turbulent 2011


Global markets staged a New Year rally, and funds of funds from the global multi-strategy sector were positioned to capture some of the upside.

JP Morgan Progressive Multi-Strategy was up 3.31% on the month taking three-month numbers to 0.89% and Meridian Diversified was up 3.25%, leaving three-month figures at 1.49%. Haussmann Holdings gained 3.04% putting three month returns at 0.86%, and Aurora Global Opportunities gained 2.83% to leave three- month figures at 0.91%.

Archstone Offshore Fund was up 2.65%, taking three-month numbers to 1.29%, and LaFayette Opportunity gained 2.6%, leaving three-month figures at -1.16%, while Edmond de Rothschild