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Alternative Market Briefing

Vanguard Axis is up +33.85% year-to-date (+9.40% in September) as markets recovered last month

Thursday, October 20, 2011

From Komfie Manalo, Opalesque Asia:

This year’s volatile markets across the globe, triggered by a series of crises that ranged from a Tsunami to riots, pushed the Beverly Hills, California-based discretionary money management firm Vanguard Axis LLC to a year-to-date return of +33.85% Net (+9.40% in September.

For 2011, Vanguard Axis only saw negative performances in August (-2.42%) and in April (-1.71). Vanguard ended 2010 up +61.54%.

Speaking to Opalesque in an exclusive interview, Vanguard Axis Managing Member Garen Ovsepyan was pleased to report that his fund’s performance has been above average so far this year.

He said, "The US debt ceiling issue too and the Eurozone problems again have also been profitable due to our close monitoring of our risk. Factors affecting our performance can always be blamed on volatility in markets, but volatility could also mean profits, so it works two ways. Overall, the fact that all our positions are un-leveraged and our risk/reward ratio is kept to around 1:3 helps us with the decision making process of the positions we take. September was a continuation of August in that the markets were equally volatile, although it may not have seemed that way.

The fund is currently featured in Opalesque Solutions' Emerging Managers Database.

But Ovsepyan is not completely confident in ......................

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