Fri, May 10, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
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   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1