Global fund Kuwaiti hedge fund outperforms benchmarks

Gulf News – Kuwait Global Capital Management Ltd, the alternative investment funds arm of Global Investment House, has announced positive results for Global Umbrella Europe Hedge Fund.

The fund has returned about 6.6 per cent year to date 2009, outperforming its respective benchmarks.

It outperformed Eureka Hedge Europe, Multi strategy fund of funds index (2.78 per cent) which represents the funds in Europe by over 100 per cent and the MSCI Europe index (4.3 per cent), a Europe focused equity index by over 50 per cent.

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