Mon, Jan 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Listed Swiss hedge fund of funds outperforms with 3.43% returns in first half of 2014

Monday, September 01, 2014

Komfie Manalo, Opalesque Asia:

Swiss alternative investment company ALTIN AG outperformed in the first half of this year and posted 3.43% returns as at end June 30. Comparatively, the HFRI Fund of Funds Composite Index managed 1.53% gains while the MSCI World Hedged index posted 3.36% returns during the same period.

In its half year result sent to investors, ALTIN said the first six months of the year were characterized by a strong and somewhat renewed appetite for yield, a forceful rotation from growth/momentum-driven stocks to value stocks and by heightened geopolitical risk emanating from Russia, Ukraine and the Middle East.

"Overall the first semester of 2014 was positive for most asset classes. As expected corporate activity has been strong, providing a broad range of opportunities for managers within ALTIN's Event Driven allocation, which was the best contributing silo for the period," the report said.

It added that the firm's Equity Hedge allocation (Market Neutral, Variable Bias and Long Bias) proved resilient throughout the sector rotation thanks to a good level of diversification in terms of investment styles. On the other hand, Discretionary Macro funds generated negative returns on average as they were caught wrong-footed with mainly pro-cyclical trades.

"However, regarding the Macro space it is worth noting that the best contributor t......................

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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised