07.07.2011 Opalesque Exclusive: KStone fund of hedge funds gains in relative value space, up 5% YTD
Benedicte Gravrand, Opalesque Geneva:

Launched in January 2009, the KStone MultiStrategy fund of hedge funds (FoHFs) invests in a diversified portfolio of funds primarily focused on arbitrage and relative value strategies.

This approach has been successful so far: the FoHFs returned almost 19% in 2009, 8% in 2010, and it is now up 5% YTD (till May), annualising 13.24% since inception.

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