Funds of Hedge Funds Performance

Arbitrage funds up in September as credit investors chase yield


For the most part, funds in the arbitrage category have performed well over the year although some appear to have struggled. September was a good month for most as credit investors continued to chase yields.

Cedar Fund is up 29.45% year to date following a 5.51% monthly gain in September while Bodleian Partners LP gained 3.22% for the month to bring year-to-date figures to 26.82%.

SSARIS Multi-Manager Relative Value is up 17.6% after a 2.4% monthly gain and Archstone Market Neutral Strategies is up 15.19% year to date following a 2.28% September.

Mellon Sanctuary gained 2% for the month, taking year-to-date