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Alternative Market Briefing

CTAs and volatility funds still on a winning streak: Altis, Tulip, CC Athena, SGAM

Thursday, December 04, 2008

Altis Partners` Global Futures Portfolio returns 3.8% (est.) in November, 43.1% YTD Altis Partners (Jersey) Ltd`s Global Futures program finished November up 3.83%, bringing the year to date result to 43.14%, the highest annual return since inception in July 2001. This year's monthly performance figures range between +23.22% (October) and -17.45% (July). The program's FUM currently stand at approximately $1.3bln, total return since inception is 398%. Corporate website: Source

Tulip`s managed futures Fund assets cross $500m level, fund up +55% YTD Switzerland’s Tulip Trend Fund Ltd., elected at this year’s Lipper Hedge Fund Awards as Best Offshore Managed Futures Fund in 2007, has continued to deliver during the current challenging environment.

As per November 30, the A EUR class, launched in April 2003 has quadrupled since its inception and is up an estimated 55.83% for 2008, after having returned 46.52% in 2007. Performance and subscriptions resulted in an expansion of the Fund’s assets to $515m. A performance report can be downloaded here. Corporate website: Source

CC Athena up 9.88% YTD against S&P500`s -38.97% In November, the CC Athena OS Fund Institutional Euro Class achieved a profit of +0, 20%. The traded index S&P500 dropped in ......................

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