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Quantek Asset Management on Friday reported their Frontier “LatAM” Multi-Strategy fund gained 1.00% in March, 3.61% YTD. From May 2007 until December 2007 the fund returned 10.78% without a single negative month. The fund has assets under management of $45m.
Quantek Frontier is a multi-strategy fund, investing in a broad range of Latin American securities. The Fund is in essence the prop desk of Bulltick Capital Markets where manager Alberto Franco has been trading the strategy for the past two years. The Fund devotes 50% or more of its assets to short term trading situations, primarily in Brazil, Mexico and Argentina, seeking to exploit market inefficiencies, which include arbitrage between local shares and ADR's, voting and non-voting shares, composition of indexes and futures, FX "spot" and forwards, interest rate futures and local bonds. The Fund’s other strategies are informed by a longer term view, reflecting and implementing the investment manager’s macro outlook on the region.
The firm also reported the 28th positive month since inception of the Quantek Opportunity Fund, an asset-based lending & asset-based investing vehicle with particular focus on structured credits, mezzanine debt, collateralized notes, receivables and project finance, as well as equity positions in cash-flow producing assets, with an emphasis on LatAm.
The Quantek Opportunity Fund returned +0.51% in March and 2.78% YTD. In 2007, the fund rose 15.25%, in 2006 it returned 14.89%....................... To view our full article Click here
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