Alpha Strategic, the AIM-listed hedge fund investment group that has revenue-sharing agreements with Winton Capital Management and IKOS Asset Management, has posted a pre-tax loss of £497,000 for the year ended 31 March — compared with a £136,000 loss the previous year. After tax, the loss attributable to shareholders is £393,000 (2009: £160,000).
Alpha Strategic was affected by negative factors related to both revenue-sharing agreements. Winton’s Global Futures Fund had a disappointing year in 2009, producing its first negative calendar year to date with a loss of 4.64%. And, having finalised its agreement with IKOS in July 2009, Alpha