Performance

Weakness hits Marin

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Many convertible arbitrage managers struggled to make gains amid ongoing weaknesses in the convertible space. Marin Capital's Belvedere Fund Ltd. finished the month down roughly 0.76%, while the Argent Lowlev Convertible Arbitrage Ltd. fund notched up a loss of 0.41%. The Marathon Global Convertible Fund lost 0.65% in January, bringing its three-month total to 1.88% and its six-month total to 2.31%. Acuity Partners LP finished the month down 0.77%, bringing its three-month total to 1.15%. Some funds managed to post small gains, however. The Clinton Riverside Convertible Fund posted a 0.30% gain for the month, while the Alta