Mixed bag from top multi-strategy managers


A mixed bag in multi-strategy and mixed arbitrage saw a number of prominent funds and traders continuing to add to their already impressive gains this year, although some were wrong-footed by the trickier market environment towards the end of the month.

Steve Rubens' RCP International led the way with a 5.4% rise on the month, while a 3.09% gain for Michael Hintze's CQS Directional Opportunities takes the fund's YTD return to almost 48%.

Mike Platt's BlueCrest Capital International posted a 1.99% return and is now up by over 41% this year, while Aziz Nahas and his team at 1798 Relative