Tran and his team at the Thames River-backed fund have had to adapt their fundamental value investing style to cope with the extreme volatility in world markets since launch in May
Ex-TCI man Damien Tran has weathered the stormiest of starts with his AlphaTran long/short global equity fund - having launched last May, just before the worst rout to hit world markets in decades.
Although the fund showed a loss of 9.16% to the end of last year, it outperformed the MSCI World index by 36% and compared favorably to the EuroHedge global equity median, which fell by more than 16% in 2008. The fund was essentially flat for January - which was another tough month for world equity markets, with the MSCI World index falling another 9%.
AlphaTran is led by an experienced team. Tran spent four years at The Children's Investment Fund, while CEO Christophe Beauvilain...