Salus Alpha’s strategies have delivered a good start to 2014 in terms of performance, according to a report by managed investment platform db Select.
The strategies delivered positive returns during the month of January, led by the Salus Alpha Directional Markets Strategy (DMXUSD) which was up 5.75 per cent and outperformed the world’s biggest CTA power houses by a positive margin of 6.5 per cent on average during the month.
In addition, the Salus Alpha Global Alpha Strategy (GAXUSD) was up by 2.08 per cent in January.
Both programmes enjoyed also positive performance in 2013 contrary to most CTAs.
Salus Alpha’s programmes were able to take advantage of volatility which is back in the markets due to volatile fundamental data led by weak US jobs and discouraging PMI numbers from China. Market sentiment weakened further towards the end of the month, as the Federal Reserve announced another round of tapering which raised concerns regarding the health of the global recovery.
Oliver Prock, chief executive and chief investment officer of Salus Alpha Capital, says: “Our strategies seem to repeat the January stint in February and in the coming months because our approach is unique and able to generate positive returns in all environments, since it is adaptive to changing market environments and can switch between short to long term as well as trend following and contrarian. Therefore we are not dependent on trend as a sole source of alpha.”
