Jabcap takes a stumble as most multi-strats stay flat


Philippe Jabre
Performance among mixed arbitrage and multi-strategy managers was fairly lacklustre, with most funds either down or flat. But there were some notable outliers in a challenging month.

The biggest losers included Lionhart Aurora SPC, down 9.86% in March for a 4.68% loss so far this year – and Philippe Jabre’s flagship Jabcap Multi Strategy, which lost 6% last month and is now down 4.09% YTD. Winton Evolution was down 1.50% last month and is off for the year by 1.62%.

Many of the other big names in the multi-strategy space ended the month