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
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