Mixed arbitrage and multi-strategy funds kept up their steady gains this year in August, with the EuroHedge index for the space adding a 1.58% gain for the month to bring its YTD return to 8.59%.
Philippe Jabre turned in another big month with his Jabcap Multi Strategy Fund, which has turned around its performance in a major way this year. The fund added 8.80% in August and is now up nearly 73% this year.
The Da Vinci CIS Opportunity Fund also enjoyed a big month, notching a 7.08% gain. That fund, which launched in March, is now up