Funds of Hedge Funds Performance

Property and financial stocks push European equity to the front


European equity was the best-performing strategy on the month with a gain of 2.24% as markets pushed ahead. In particular, property and financial stocks did well, as did shorts on German car makers. Small-cap focused funds also outperformed.

LCF Edmond de Rothschild Prifund Alpha Europa had a very strong month, which saw it up 4.6% to leave year-to-date figures at 14.68%. Many of its underlying funds had good months including Stephen Peak's Henderson Europe, Laurent Saglio's Zadig and Lansdowne UK.

HDF Eurovest has also done well with a 3.07% month taking year-to-date numbers to 11.38%, while GAM Multi-Europe was up