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Alternative Market Briefing

FrontPoint Multi-Strategy Fund delivers best month in July: 4.69%, YTD 14.36%

Monday, September 03, 2007

The FrontPoint Multi-Strategy Fund, launched in February 2004 and now with $1.5bln assets, reported the fund is up 4.69% July 2007, hiking the YTD 14.36%. The cumulative return since inception is 40.51%

According to an investor communication obtained by Opalesque, positive performance was driven by Fixed Income (credit shorts and relative value), Financials (“from an array of shorts in homebuilders, rating agencies, banks, mort......................

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