By Hannah Walsh
The AC Triple Alpha Fund was the top performing fund for the week ending 10 August 2012, according to figures from the Absolute UCITS database.
The fund, which is managed by Hamburg-based Aquila Capital and deploys a global equity strategy, reported a return of 7% during the reporting period. Year-to-date through July 2012 it had returned 4%.
Other funds within the global equity space performed particularly well during the week with the MS Algebris Global Financials UCITS Fund, APM Gold & Resources Fund and Vitruvius Growth Opportunities fund all up – by