Plato Asset Management's Core Composite (long only) and Core Composite 130/30 have reported significantly improved performance in December, while their Market Neutral fund recorded its worst month since inception.
The Core Composite fund was down -1.43% for the month after falling -32.18% in the three months to November. Similarly, the 130/30 fund fell -1.78% which was a good result compared with a total drop of -31.89% during the three preceding months.
Plato's Market Neutral fund managed to avoid any significant losses throughout 2008, but a fall of -4.2% in December has left the fund with a negative return for the year of -2.75.
