Thu, Apr 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

ALTIN, a Swiss fund of funds boosts credit allocations, makes new hedge fund allocations in Q3

Thursday, October 18, 2012

Bailey McCann, Opalesque New York: ALTIN, the Swiss alternative investment company listed on the London and Swiss stock exchanges, disclosed its hedge fund portfolio holdings as part of its policy of full transparency to investors. The portfolio, featuring more than 30 underlying hedge funds and representing over 10 investment strategies, has a NAV performance of +164.83% since its inception in December 1996.

ALTIN is a multi-strategy fund of funds with approximately $250m in assets under management. In the year to end August 2012, ALTIN posted a net return of +3.45%, outperforming the HFRI Fund of Funds Composite Index, which returned +2.48% in the same period. In the three years to end May 2012, ALTIN posted a net return of +12.85%, outperforming the HFRI Fund of Funds Composite Index, which returned +5.34% in the same period.

Among its strategies, the firm reduced its macro allocation to 17.13%, down from 20.30% in the previous quarter, as Blenheim Global Markets Fund Ltd was removed from the portfolio. A 6.06% position was opened in LAMP Funds (Ire) 1 plc - Marathon Opportunistic Credit Fund, which resulted in the Credit allocation rising to 13.84%, up from 7.89% in the previous quarter. The Equity Long/Short silo saw two changes, the remaining position of 7H Absolute was sold, and a 3.92% position in LAMP UCITS Funds (Ire) 2 plc - LAMP Visium Global Fund was opened. As a result the tot......................

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. Alternative asset firm YieldStreet surpasses $100m of loans funded in less than 8 quarters[more]

    Komfie Manalo, Opalesque Asia: Alternative asset investment platform YieldStreet reported that it has surpassed $100m in loans funded in less than eight quarters from accredited investors and single family offices. YieldStreet was founded by Milind Mehere and Michael Weisz. In a

  2. Investing - Investor appetite for high-growth IPOs to be tested, Apollo boosts fund's stock allowance for 'diamonds in the rough', Hedge funds uncertain over outlook for Hargreaves Lansdown[more]

    Investor appetite for high-growth IPOs to be tested From FT.com: The US listings market is poised for a busy week with deals that will test investors' appetite for high-growth - but lossmaking - companies. Eight new listings are scheduled for this week, the most since October of 2016,

  3. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  4. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  5. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V