Some multi-strategy players rally despite widespread market volatility


Despite the volatility in markets, some of the leveraged global multi-strategy players had a good month in August.

Efficient Diversified Fund SPC Class A was up 2.18% to take year-to-date numbers to -2.34%. Within the portfolio, the market proved difficult for most of the fund’s long-term trend-followers, but short-term diversifying programs found favourable trading opportunities. Long exposure to interest rates in North America, Europe and Asia was also beneficial.

Man Global Strategies Diversified was up 1.91% on the month, to take year-to-date returns to 7.51% and Princeton Futures Fund was down 0.79% putting year-to-date figures at -3.22%.