Saturday, 30 May 2015
Last updated 9 hours ago
Sep 5 2012 | 9:29am ET
Fund of hedge funds Altin AG is up 2.58% through August, less than the average hedge fund but well ahead of its average peer.
The US$270 million Swiss firm's fund is well ahead of the 1.75% that the average fund of funds has returned this year. But it badly lags both single-manager funds, which have added about 5%, and the Standard & Poor's 500 Index, which is up about 12%.
Altin has more than 30 underlying managers. Most of its money is currently in long/short equity and macro strategies, Investment Europe reports.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…