Funds of Hedge Funds Performance

Multi-strat sub fund helps Signet soar


When the InvestHedge Fixed Income median was up 1.15%, Signet Capital Management's Signet Global Fixed Income Fund was up 2.35% for its US dollar share class in January. The fund invests in 56 underlying managers across eight investment styles.

In January, the multi-strategy sub fund that makes up 17.55% of the fund returned 10.66%, while one convertible arbitrage manager that only make up 1.18% of the portfolio returned 6.33%. Fixed income arbitrage is 11.83% of the portfolio and the five managers in it returned 2.03% in January. Global macro and relative value are 19.72% of the portfolio, giving