Mon, Sep 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Altin finds returns in rebound of 'risky assets’

Wednesday, April 25, 2012

Beverly Chandler, Opalesque London: Altin, the Swiss alternative investment company listed on the London and Swiss stock exchanges, has reported on market conditions over the first quarter of 2012. The firm reports that the first quarter of 2012 was an opportunity for a strong rebound of "risky" assets. The firm says: "The massive injections of liquidity by the European Central Bank have allayed the short-term concerns about the European financial sector. The continued growth of the US economy and the stabilisation of activity in emerging economies has, for the most part, helped to reassure investors on the outlook for global growth".

Altin reports that its portfolio fared well over this period, reducing leverage, which fell from 115% to 105.7% over the first quarter 2012, and maintaining broad diversification both on a strategy and geographical level, as well as liquid. The firm discloses its entire hedge fund portfolio holdings of more than 35 underlying hedge funds, representing over 10 investment strategies. It has achieved a NAV performance of +166.10% since its inception in December 1996.

The majority of the change in leverage for Altin over the first quarter stemmed from a reduction in the Event Driven silo, from 11.76% to 3.25%. The firm says: "This reduction was partially due to the poor performance and the removal of one manager, Paulson Advantage Plus Fund Ltd, and on the other hand, an anticipated rotation to another fund managed by the same manager, Jan......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest