Altin Celebrates 10th Anniversary With A Bang

Swiss-based Altin AG, the alternative investment company listed in London and Switzerland, celebrated its 10th year last month in a big way: The fund of funds manager ended 2006 up 20.24%.

The firm, which attributes its performance to a “strong core of blue chip hedge funds with a group of smaller, niche managers,” said it “widely outperformed” other funds of funds in 2006. “We have thus delivered a 20.24% performance, double the result of the HFR Fund of Funds Composite Index (10.33%), which represents funds of hedge funds’ average performance,” said José Galeano, head of research and management at 3A SA, Altin AG’s investment manager.