Verition International Returns 13.9% Annualized With 2.2 Sharpe [Exclusive]

The $6.2 billion Verition International Multi-Strategy Fund has an excellent track record. Since inception, it has returned 13.9% annualized, compared to a return of 3.7% annualized for the HFRI Fund Weighted Composite index and 9.2% for the S&P 500. The fund started trading in March 2008. Year-to-date, the fund has returned 4.27%, compared to -6.2% for the HFRI benchmark. The fund declined -0.26% in September according to a copy of its latest Investor update that ValueWalk has been able to review. Multi-strategy fund outperforms Verition International manages a multi-strategy, multi-manager, hedge fund, focused on global investment strategies. These include credit…