Performance

Global equity specialists show their mettle

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Global equity long/short funds showed their mettle last month, with the EuroHedge global equity median index showing a gain of 0.40% despite further falls in many world equity markets in January.

Among the big winners in January was Lansdowne Global Financials, which netted 11.07% in January to bring its three-month return to 11.19%. TT Financials continued its strong run with a 5.59% gain in January, while CPIM Global Financials had a storming month to gain 19.97%.

A handful of other financials funds produced gains, including Martin Currie's ARF Global Financials Fund, which added 3.70%, GLG Financials (up 4.52%) and