Altegris Launches Fixed Income Long/Short Fund

Oct 25 2013 | 12:10pm ET

Altegris has launched a multi-manager, alternative strategy mutual fund with Stamford, Conn.-based RockView Management and New York-based Premium Point Investments as sub-advisors.

The Altegris Fixed Income Long Short Fund, with $55.6 million in assets under management, will seek to achieve total return through a combination of capital appreciation and current income. Its strategy entails investing in long and short positions in a wide variety of fixed-income opportunities, including high-yield corporate bonds, convertibles, mortgage-backed securities as well as sovereign debt positions. The fund is not tied to a benchmark.

RockView is a high-yield and convertible corporate credit hedge fund manager with more than 20 years of hedging experience while Premium Point, an institutional asset manager founded in June 2008, engages in fundamental credit investing and relative-value trading in the mortgage markets.

“Many U.S. fixed-income investors are heavily invested in long-only strategies, but recent volatility in the bond markets has been a wake-up call for investors susceptible to interest rate movements,” said Jon Sundt, president and CEO of Altegris, in a statement. “The Altegris Fixed Income Long Short Fund provides investors seeking fixed income diversification with a flexible, actively managed strategy with the potential for improving overall risk-adjusted returns regardless of interest-rate directionality.”


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR