Thu, Jun 20, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Fund of hedge funds Altin announces half year results

Monday, September 03, 2012
Opalesque Industry Update - ALTIN, the $270m multi-strategy fund of hedge funds listed on the London and Swiss stock exchanges, announced its half year results for 2012 after close of market on 30 August 2012.

During the first half of the year, ALTIN outperformed the HFRI FoF Composite Index, posting a return of +1.80% in the first half of 2012, compared to +1.04% for the HFRI FoF Composite Index.

ALTIN continued to outperform the HFRI FoF Composite Index in August, posting a return of +2.58% in the YTD to 31 August 2012, compared to +1.75% for the HFRI FoF Composite Index.

ALTIN's portfolio is invested in over 30 hedge funds and continues to be highly liquid with a majority of its hedge fund investment offering a redemption frequency term of 3 months or less.

ALTIN has an annualised return of +6.39% since inception in December 1996 to end July 2012, compared to +4.86% for the HFRI Fund of Funds Composite Index.

Since inception to end July 2012, ALTIN has posted a return of +163.9% compared to +110.42% for the HFRI Fund of Funds Composite Index and +51.20% for the MSCI World Index. Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
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. GAIM delegates hear fund of funds fees are increasingly discounted[more]

    Beverly Chandler, Opalesque London: Reporting from the GAIM conference in Monaco, CooConnect finds that funds of funds are taking action over their fees. The site writes: "Funds of funds have insist

  2. Multifonds’ white paper reflects on the likely impact of AIFMD[more]

    Beverly Chandler, Opalesque London: Investment software provider Multifonds has published its white paper, entitled: The impact of AIFMD and convergence survey. Key findings from the survey include: 83% of respondents agree convergence o

  3. Swiss funds increased by CHF 100bn ($829bn) year on year[more]

    The Swiss Fund Association has announced that in May 2013, the volume of assets placed in the investment funds covered by the statistics compiled by Swiss Fund Data AG and Lipper reached around CHF 763 billion, a slight rise of CHF 2.6 billion month-on-month. This represents a marked increase of jus

  4. GAIM Conference – Hedge funds brace for renewed debt crisis, Hedge fund managers don hairshirts and ‘impact investing’ at Monaco meet[more]

    Hedge funds brace for renewed debt crisis From Indiatimes.com: The euro zone's debt crisis may be far from over, while Japan's money-printing gamble to revive its economy could destabilize global markets if it doesn't work, some hedge fund managers say. They are taking the view that the

  5. Trading species for conservation: "Mitigation Banking makes it possible for real estate developers to turn biodiversity into an asset instead of a liability - which ultimately makes it possible to preserve that biodiversity across the United States."