Multistrategy: Basso rises


The Absolute Return Multistrategy Index netted a gain of 0.85% in March to boost its YTD return to 3.50 %. One of the month's strong performers was Howard Fischer's Basso Multistrategy Fund, which rose 1.85% to total 10.13% for the year thus far. Also posting a strong estimate was Stark Investment's Shepard Investments International Fund, which earned 1.60% for the month and 5.99% YTD. Israel Englander's Millennium International Fund netted a gain of 0.95%. The Satellite Overseas Fund tied the median with a 0.84% rise, but still falls short of matching the median for the year, up 3.28%