Funds of Hedge Funds

Altin opens up portfolio in a bid to reassure investors


Altin, the listed Swiss-based fund of funds, has taken the unprecedented step of disclosing its entire portfolio holdings.

It is thought the move, which comes after strong selling pressure resulted in a 30% discount, is designed to give greater transparency to investors so that they can understand whatever risks they are taking.

In an effort to stem the outflow of investment, certain hedge funds are currently tending to temporarily limit redemptions, either by imposing gates that restrict the redemption amount, or by segregating certain of their illiquid assets in separate structures called side pockets to be sold at