Merricks Capital\\'s multi strategy fund benefits from positive returns in metals & mining, commodity futures, and food products sectors to post gain of 2.78%.

Herschel's Absolute Return Fund rose 0.09% in August as the domestic reporting season focused investors attention and the ASX200 fell 1.99%

Positions in Bonds and Commodities propel Headland\\'s Global Macro fund to a positive return of +7.73% in August, taking 12 month performance to +6.70%.

Mathews Capital's Velocity Fund estimates net August return of +6.35% to take accumulated return above the previous high water mark as leverage to gold produciesover half of the month's result.

Fortitude benefits from gains in M&A, Derivatives and Yield portfolios to report theirbest monthly performance in 12 months.

Bennelong reported a loss in August of -0.96% against the ASX200 which fell -1.99% as the market was dominated by earnings releases of mixed quality.

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.