Sat, Jan 31, 2015
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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would