HanKar Capital, a US based asset manager that invests in relative value and arbitrage strategies within the global equity and hybrid equity universe, announced that its flagship, the HanKar Partners Master Fund LP, was down 1.56% in Q2-2012 and up 3.81% YTD. That’s compared to the HFRX Relative Value index, which was down 1.39% in Q2 and up 2.12% YTD, an