Other' in April, Fundamental
Equity in May, and Quant Futures/FX, just narrowly edging out Quant Equities, in June. Overall, 60% of
managers were profitable for the quarter. For second quarter ... returns in aggregate, Fundamental
Long/Short Equity contributed 59%, Quant Equities 2%, Quant Futures/FX and Other 12%, and First Loss
contributed 27%.
At quarter-end, the Multi-Strategy platform ... Fundamental Long/Short Equity managers, 16 Quant
Equity Managers, 1 Quant Futures/FX manager, and 9 'Other' managers (these figures include 7
Hybrids). We also had 20 First Loss managers (including Hybrids