Amid the current market turmoil, this is our regular report on hedge fund and alternative asset managers who are bucking the trend.

Defensive positions and meaningful hedges

Solstein Capital Partners, a multi-strategy hedge fund, returned +2.7% in March (+0.6% YTD, compared to the S&P500's -20%). Launched in August 2011, it has annualised +4.5% (net), c