Assets remain high despite lagging returns.The Eton Park Overseas Fund is up 2.24% for the year through August, trailing the AR Multistrategy Index, which is was up 3.11% for the same period. The fund has suffered losses in five of eight months this year, with drops in February, May, June, July and August.
As of August, the Overseas Fund had produced a net annualized return of 9.86% since its November 2004 inception, down from 10.74% at yearend 2009. The fund gained 34.87% in 2007, its most successful year, at which point it boasted a net annualized return of 20.99%. The fund then fell