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Performance: Arsago`s Global Macro fund up 8.56% YTD, takes on new principal, AIMhedge managed futures fund up 27.51% during the first two months of 2008, Paulson & Co hedge funds surge again in 2008, Blackstone profits plummet 90% in Q4, folds credit business into GSO

Tuesday, March 11, 2008

Opalesque Exclusive: Arsago`s Global Macro fund up 8.56% YTD, takes on new principal Hurden, Switzerland based arsago multistrategy advisors AG reports its Global Macro fund up 3.68% in January and 4.70% in February (8.56% YTD). These are the 3rd and 4th best monthly returns for the fund, which was set up in September 2002. In 2007, the fund returned 9.31%.

Arsago also reported that as of the end of February, Ronnie Aked has handed over his position as Principal of the Global Macro Opportunities portfolio to Jens Stehmann and will be leaving the firm to pursue other interests.

The fund follows a topdown fundamental approach, trading fixed income, currencies, equities and precious metals. Corporate website: Source

AIMhedge managed futures fund up 27.51% during the first two months of 2008 AIMhedge Global Diversified, a Managed Futures Fund is up 27.51 % in the first two months of 2008.

The AIMhedge "Global Diversified Fund EUR" (ISIN: KYG012661081) is up 63.68% during the last 12 months. The "Global Diversified Fund" is investing in over 60 markets worldwide on the long and short side. Good exposure in the commodity markets, particularly in the energy and metals sector, has contributed to these results.

The fund has a status as a "White Fund" in Germany, which offers private investors under the existing tax law a tax-free capital gain after 12 months, as long as they inves......................

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