GLG, Hadron shine in a lacklustre month for multi-strat and mixed arb


A handful of mixed arbitrage and multi-strategy funds stood out with decent returns in a month when most either scored muted gains or posted modest losses.

The Hadron Fund gained 3.30% in March and is up 10.62% at the end of the first quarter, while Iceberg Alternative Real Estate notched up 3.25% for a Q1 return of 7.47%. GLG Market Neutral returned 2.27% last month and is up 10.03% YTD, and Sector Polaris made 1.71%, taking it to 4.84% YTD.

Metage Global Strategies was up 1.30% last month, and 1798 Fundamental Strategies made 1.21%. GLG Multi-Strategy returned 1.12%,