Arbitrage sees mixed fortunes, with some funds dipping on the month

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April proved a mixed month for the arbitrage sector, although the InvestHedge Arbitrage Composite was down 0.15%, taking the year to date to 2.03%.

Archstone Absolute Return Strategies Fund was up 0.22% on the month to put year-to-date figures at 4.78%, while a dip of 0.47% for Edmond de Rothschild Prifund Alpha Uncorrelated left year-to-date numbers at 3.30%.

Bodleian Partners A was down 0.47% on the month, leaving year-to-date numbers at 5.31%. During the month, York Credit Opportunities was Bodleian’s top performer, rising 0.8%. Other good positions during the month included AG Eleven Partners, which was up 0.75%,