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Alternative Market Briefing

Liquid alternatives navigate choppy markets

Thursday, September 13, 2012

amb
Jon Sundt
Bailey McCann, Opalesque New York:

Liquid alternatives are gaining more traction with investors seeking both returns and the ability to react nimbly to a changing market environment. The sideways market has pushed some investors out of more illiquid investment options, and into liquid alternatives as a means of navigating risk and exposure during this uncertain time.

Liquid alternatives give investors the same access to hedged strategies like long/short equity, with the ability to get in and out quickly. One of the biggest names in this space is Altegris, which offers liquid alternatives for long/short equity, global macro and managed futures. Altegris aims to provide lower volatility and uncorrelated returns by crafting products through a research driven approach that pulls together a mix of top-tier managers in order to drive consistent returns even in choppy markets.

"We are in unprecedented territory in the US, EU, Asia - trends will return as this shakes out. The global investment environment has been extraordinarily difficult, characterized by a lack of sustainable trends in aggregate," says Jon Sundt, CEO, Altegris in an interview with Opalesque. "The EU is 20-25% of global GDP, with unprecedented debt to GDP. The US needs austerity, we need good monetary policy. The play can't go on forever, the actors are going to get t......................

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