Wed, Oct 1, 2014
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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is