Altegris Offers Long/Short Equity Mutual Fund

May 23 2012 | 11:44am ET

Altegris Advisors has launched a mutual fund of hedge fund managers, offering retail investors access to a long/short equity strategy.

The new Altegris Equity Long Short Fund "seeks to meet the growing demand for accessible and trusted alternative investments by leveraging our history in alternative investments," CEO Jon Sundt said. The new fund features "premier" long/short managers with proprietary sub-strategies including diversified, financials and small-caps.

"We believe many long/short funds are managed by long-only managers who've only recently started shorting," Sundt said. "We were methodical in our preparation for launching this Fund. We launched this Fund only after we had identified and selected what in our opinion are best of breed managers with verifiable long and short strategy track records. The managers employed by the Altegris Equity Long Short Fund have experience short selling selected stocks, as opposed to simply hedging via broad market indices."


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of