Multistrategy: Highbridge rises


Even with many traders enjoying their summer holiday, August turned out to be a comfortable ride for the Absolute Return Multistrategy Index, which returned 0.98% to total 8.67% YTD. Notably, the $5.9 billion Highbridge Capital posted a 1.35% gain for the month, bringing its YTD to a solid 12.93%. Thane Ritchie's Ritchie Multistrategy Global (Offshore) continued to struggle, losing an estimated 2.25% for the month down -4.62% YTD. Vertex Fund gained 7.72%, while the Campbell Global Assets Fund (Class B) fell 0.78% in August, leaving its YTD total in the red at -4.06%. Several smaller funds recorded outstanding