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Opalesque Exclusive: Altin:Fund returned 3.82% (est.) in December, 22.56% (est.) in 2008 According to an email communication received by Opalesque, the Altin:Fund gained 3.82% (est.) in December and ended the year 2008 up 22.56% (est.). Since inception in January 2007, the fund has returned 33.87% (est.).

This is compared to the YTD returns of the Barclay CTA index (+13.07%), Dow Jones IA (-33.84%), S&P 500 (-38.48%), NASDAQ (-40.54%) and Russell 2000 (-34.80%). Altin:Fund is based in Rochester, MI, USA. Corporate website: Source

Jupiter AM`s Financial Opportunities long-only fund returned 7% in 2008 From eFinancialnews.com: Philip Gibbs, manager of a £700m (€770m) financials fund for Jupiter Asset Management in London, made money for investors last year despite an awful time for banks, making his fund the only long-only financial services vehicle that did not lose money for investors.

The Financial Opportunities fund returned 7% in 2008, according to data provider Morningstar, while the MSCI World Financials index returned -43%. ... Full article (subscription required): Source

Sun Capital shifts focus and cuts back as internal hedge fund suffers losses From blogs.NYtimes.com: In the latest sign of trouble in the alternative investment world, Florida-based Sun Capital P......................

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