Funds of Hedge Funds Performance

RMF rides emerging markets upturn


RMF Emerging Markets Multi-Strategies is part of the RMF Investment Management RMF Special Opportunities Series. This fund, which was launched on 1 September 2008, was up 2.3% in March, taking the year-to-date returns to 0.85%. The fund benefited from a general rally in the global equity markets fuelled by speculation that the worst might be over for the battered banking system, as well as the broader economy.

The fund is currently invested with 13 managers blending two distinct emerging markets strategies: equity hedged (long/short equity) and global macro. The two style funds aim to generate alpha in a