In the first half of the year, ALTIN – the USD270m multi-strategy fund of hedge funds listed in the London and Swiss stock exchanges – was able to protect its investors' portfolios, according to the firm's performance figures for the first six-months of 2011.
ALTIN has significantly outperformed the HFRI FoF Composite and MSCI World Hedged indices since its launch, with an annualised performance of +7.18% compared to +5.49% for the HFRI FoF Composite index and +2.98% for the MSCI World Index.
ALTIN holds one of the world's longest track records as an exchange-listed fund of hedge funds. It listed in Switzerland in 1996 and in London in 2001. As of end June , the three top allocations in the ALTIN Fund were to Equity Long/Short 29.00%, Global Macro 21.60% and Multi-Strategy 18.10%.
ALTIN has been performing very strongly in the last 12 month period. In the 12 months to end June 2011, ALTIN posted a net return of +11.28%, strongly outperforming the HFRI Fund of Funds Composite Index, which returned +6.58% in the same period. ALTIN is highly diversified, investing in over 35 hedge funds focused on highly liquid strategies.