Fortitude Capital, the Australian-based equity market neutral manager, has continued to demonstrate a consistent positive performance for every month of 2008, with a November performance of +0.21%for the onshore fund to take them to +11.88% YTD.
Fortitude's offshore Cayman fund was -0.32%, taking YTD performance to positive 7.4%.
Fortitude, which was awarded the 2008 Australian Hedge Fund Manager of the year award by AIMA, is a multi-strategy market neutral manager.