The Fore Advisors' flagship convertible-arb fund, which was poised to top $800 million in February, has had a strong run of late despite some challenging market conditions that left other funds with more lackluster results.
The Fore Convertible Master Fund, overseen by portfolio manager Mathew Li, saw a return of 10.5% last year, suffering only one down month with a trivial loss of 0.04%. Performance in the final quarter of last year was healthy with a gain of roughly 6%. From a historical perspective, that's not blockbuster performance by any stretch. But it's far better than many of