Mergers & Acquisitions / Joint Ventures

AA offers managed accounts portfolio


AA Management opened its second listed fund that will replicate the group's hedge fund strategy within a managed account format to non-US investors.

The flagship, AlphaPlus FoHF, is already mostly managed accounts with an emphasis on commodity trading advisors that invest in commodities, stock indices, interest rates and currencies. Alterama in New York manages the portfolio and monitors the underlying CTA programmes in real time with the goal of detecting drift in trading style, leverage or time period of holdings.

The new ALT Fund allocates to hedge fund managers who will replicate their flagship hedge fund strategy within