CQS Directional stands out in multi-strategy


CQS Directional Opportunities continued to shine in the multi-strat and mixed arbitrage space, adding 2.96% in August for a three-month return of 9.23% and a YTD gain of 23.45%.

1798 Fundamental Strategies made 1.92% on the month, while GLG Market Neutral gained 1.76% and ex-Eton Park man Thierry Lucas’ new Portland Hill Overseas fund was up 1.70% for a return of 3.73% after its first three months.

Courant returned 1.11% in August and Catella gained 1.14%, while Brummer Multi-Strategy rose by 0.95% and CQS Diversified was up 0.73%. Brevan Howard Multi-Strategy advanced 0.45%, while BlueCrest Capital International was