Altin, the Swiss-based and London-listed fund of funds, has seen fairly dynamic shifts in portfolio allocations over the year under review as at 1 April 2013. Going forward Altin will be increasing its allocation to aggressive managers across strategies and overweight the allocation to event driven and credit managers with a bias to Europe.
Europe has plentiful investment opportunities, especially where banks are reducing their activity, even if these opportunities are not broad-based or easily accessible to everyone. It therefore remains key to identify the precise strategies and specific managers who have the right skills, resources and experience and asset size to implement them successfully.
The $252 million portfolio, which has more than 30 holdings across more than 10 different strategies, has had a NAV performance of 174.6% since its inception in December 1996.
Looking at the current equity long/short allocation, which makes up 14.97% of the portfolio and...