The Emerging Managers sector saw mixed performance on the month. It was a particularly good January for Man Global Emerging Managers, which was up 6.17% to take three- month figures to 2.33%. The fund is in harvesting mode, so the degree of investment is 58.2% and Man is currently collecting revenue shares built from a diversified portfolio of hedge funds. The two remaining seed positions are 5:15 and GLP. Meanwhile Sire Discovery saw a 3.38% rise putting three-month numbers at 2.27%.
BlueSpring Fund was down 1% on the month taking three-month figures to 0.56%. The fund found its