December was the recovery month, both for the financial markets and our fund. With a positive return of 2.66% we neutralised an extremely difficult year for hedge funds and for CTA strategies in particular. This month all strategies delivered a positive return. The absolute winner was Equity Long Short, followed by CTA and Event Driven Strategies. Within Equity Long/Short our European manager performed outstanding, adding more than 11% to his result. The markets in Asia faced more turmoil, our manager over there lost a little more as 1%. The CTA managers performed all in harmony. The funds who lost a little more during November won the most in December. Equity and currency trades added the most to the returns. Trends…
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The Altaica Alpha High Performance Funds are an excellent access to the alternative investments spectrum. The funds are under management of Elite Fund Management. EFM is holder of the license assigned by the AFM, included in the register of the AFM.
The Alpha High Performance Funds are the best way for portfolio diversification and to add the power of Alternative Investments to your investments. This with all advantages of licensed funds which are under full supervision of the Dutch financial authorities.
Diversification gives more safety. Our strategies are designed to add higher returns to your portfolio. This to improve the return-/-risk balance. Due to our management style the funds are less vulnerable by the directions of the markets we invest. We invite you to get further information regarding the funds from our fund managers. Sent us your request for our information package by mail or visit our seminars.
In de verschillende markten zagen we extreem verschillende koersuitslagen. Zo lieten China en India serieuze dalingen zien maar waren Rusland en Pakistan in euforische stemming. Per saldo wist Altaica Eur-Asia winst van 2,3% te realiseren. Hiermee sluiten we een uitdagend jaar af met een kleine plus. Turkije wist in december de negatieve trend te keren en ons belang steeg bijna 3% in waarde. Het land blijft erg instabiel en keert zich meer en meer af van het westen. Tegelijkertijd zoekt en vindt het toenadering tot landen als Rusland en China. Politieke onrust en aanslagen blijven het land in zijn greep houden. We zagen dit helaas ook in de bloedige aanslag tijdens de jaarwisseling. Rusland was de smaakmaker in de portefeuille….
Trend following strategies were facing challenging market conditions, at least in the beginning of the month. In the aftermath of the US Presidency elections trend in the bond/treasury markets changed. Also the currency-, commodity- and equity markets were volatile. The first half of the month it looked like a lot of funds should end the month with severe losses. However, our selection of fund managers showed their capabilities and recovered most of the losses. For sure we were partly helped by the strong development of the USD (quite some fund are Dollar denominated and we only have a partial hedge on the dollar at the moment). We added a Currency Trading strategy to the portfolio last month. This fund was…