ALTIN discloses full holdings and portfolio management activity

ALTIN, the $275 million fund of hedge funds listed on the London and Swiss stock exchange actively managed its portfolio in the second half of 2009. Most notably, weightings in «Macro», «Equity Long Short» and «Credit Strategy» were increased in the second half of 2009 compared to the first half of 2009, from 11.3% to 15.26% for «Macro», from 25.8% to 29.71% for «Equity Long Short» and from 10.2% to 13.38% for «Credit Strategy», through a rebalancing of portfolio weightings and a reduction of cash from 6.3% to zero. Currently the portfolio is fully invested.

Since the first disclosure of the full ALTIN portfolio and total underlying holdings transparency was announced on 16 March 2009, the discount between ALTIN’s market price and NAV has narrowed from 33% at the time to 21.09% on 7 January 2010.

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.

About Alex Akesson

Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.
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