Good gains again in strong year for multi-strategy traders


Mixed arbitrage and multi-strategy funds finished an already strong year with further gains in December.

The high-flying Jabcap Multi Strategy Fund gained 7.03% for a huge YTD gain of nearly 85%. CQS Directional Opportunities Fund added 3.70% in December to end the year up 56.14%. The 1798 Relative Value Fund netted 1.81% in December for a full-year return of 50.38%. And Henderson Global Equity Multi-Strategy was up 49% on the year after a flat return in December.

Mike Platt's BlueCrest Capital International rose 0.27% for a 45.22% 2009 gain, while the firm's multi-strategy AllBlue fund finished the year with