All three of Plato Asset Management's funds lost a little over 40% during 2008 and have kicked off 2009 with further losses. The Market Neutral Fund may have turned the corner however, down only 0.93% for the month, compared with the 4.4% loss for the 130/30 Fund and the 4.33% loss in the Core Composite Fund which runs a long only strategy.
Plato runs a quantitative system which uses a combination of value, momentum and quality factors aimed at taking advantage of market inefficiencies.
