Global Multi Strategy enjoyed a welcome rally in February with equities leading the way


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 2.85% to take three-month numbers to 3.38%, while Aurora Global Opportunities was up 2.65%, taking three-month figures to 4.94%.

Pine Grove Institutional Partners gained 2.35%, taking three-month numbers to 3.64%