The Tasman Market Neutral Fund had another solid month in August finishing up 4.41%. Asia was the highlight (in terms of return on investment), Australia also performed very well.

Optimal Australia's equity long short fund recorded a net return of +0.36% against a backdrop of the ASX200 which lost 1.99% for the month, and the S&P500 experiencing its worst August result in nine years. The fund has now achieved a...

Herschel performance was flat in July, dragged down by a large short position in Centennial Coal, which received a bid from Thai company Banpu.

The Pengana Emerging Companies Fund's July result of +4.2% may have been 1.1% less than its Small Ordinaries Index benchmark, but over the last 12 months the fund has returned +31.9%, 24.6% more than the Index.

Optimal says that their Australia Absolute Trust 'caught more than our fair (exposure-adjusted) share of the rally', finishing the month +2.03% even though the fund retained low headline equity market exposure during the month.

Relative Value was the only one of Argus\\'s four strategies not to make money in July. The fund finished the month up +1.55% with a large contribution coming from a long position in many wheat varieties as dry and hot weather in Russia...

The best performing fund for K2 in July was their Asian Absolute Return Fund with an increase of +4.36%. Markets in the region were led higher by China (+12.5), Taiwan (+8.4%), Thailand (+7.4%) and Indonesia (+6.0%).

In June, Morgan Stanley\\'s FX Alpha Plus Fund was up +2.24%, making profit from the Indonesian rupiah, Korean won, Taiwan dollar, Japanese Yen and Brazilian real.

The bulk of the returns generated by Fortitude's Absolute Return Trust in June were from the yield portfolio, and most of this came from the redemption of the Hasting Funds Taps trust

Profits on short positions helped Regal's Tasman Market Neutral Fund to achieve a +2.5% return in June.