Thu, Jul 2, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Noctua Partners' Alto Global Fund almost flat in May but still up 3.06% YTD

Monday, July 01, 2013

Precy Dumlao, Opalesque Asia:

Miami, Florida-based asset management and investment advisory firm Noctua Partners reported that its global macro fund, the Alto Global Fund was almost flat in May with -0.64% losses but still managed to stay in the black with 3.06% profits year-to-date.

In comparison, the HFRI Macro (Total) Index fell -1.00% during the same month and was up 1.13% YTD. Overall, the hedge funds’ space posted its seventh consecutive monthly gain in May and the eleventh gain in the last 12 months as strong performance in Equity Hedge and Event Driven strategies offset weakness in Macro and CTA strategies. The broad-based HFRI Fund Weighted Composite Index advanced +0.5% for the month, led by a gain of +1.8%for the HFRI Equity Hedge Index.

"Fixed Income and FX posted gains during the month as intramonth volatility created various trading opportunities within Emerging Market assets. However, Equity trading detracted from performance," Noctua said in its monthly commentary to investors.

The weak performance in May reversed April’s gain after Alto Global gained 1.13% that month. The fund was down -0.03% in February and -2.46% March but was up 5.18% in Janua......................

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: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  3. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  4. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  5. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

 

banner