Mathews Capital's Velocity Fund returns 0.73% in January as their positions in the coal sector continue to drive performance to take 12 month returns to +47.64%.

Platinum Asset Management's International Fund (Australia's largest absolute return fund at over $9.5 bn. in FUM) adds 3.9% in January

Herschel's Absolute Return fund starts 2011 up 4.25% in January, with gains from both the long and short book, and taking annualised performance to 17.45% since inception.

PM Capital's Absolute Performance Fund kicks off 2011 with a positive return of 8.6% for January.

K2's Asian Absolute Return Fund has a positive return of +0.53% in January in spite of significant market falls in a range of Asian markets

Instinct Japan Opportunity Fund returns 3.74% in December to finish 2010 up 35.21%

Mathews Velocity Fund enjoys a strong December up 8.83% to return +37.57 for 2010 as coal and mining services produce strong gains

Kima sees out 2010 to record a return of 11.77% for the year, while December's performance reflected end of year de-risking and profit taking.

Pengana's Global Small Companies Solution benefits from strong returns from the global small cap sector to return 6.5% in December.

Global Trading Strategies ends 2010 with a strong month, but sounds a warning over Asian inflation and US and UK fiscal imbalances