Opalesque Industry Update - Hedge Fund Strategy Highlights • December 2012 sees positive returns for all hedge fund strategies with Arbitrage funds leading the way up +2.55% for the month • Long-Short Credit funds are up +1.49% in December and up +12.22% YTD, outperforming YTD credit benchmarks by a wide margin • Long-Short Equity managers increase returns by +1.63% in December, ending a volitile year up 7.53% • Futures return positive (+1.14%) December results but remain negative on the year (-2.10%) Bg |