ALTIN: 2013 Half year results
ALTIN AG (SIX: ALTN, LSE: AIA), the Swiss alternative investment company, has today published its half year results as at 30 June, 2013. The half year report is available on the company’s web site at the following address: https://www.altin.ch/about-altin/publications/index.htm.
The ALTIN portfolio has generated positive returns over the first half of 2013 as underlying managers took advantage of the various trading opportunities in the markets and navigated through periods of high volatility by protecting their portfolios. The diversification across multiple strategies and managers proved attractive once again; furthermore there is a strong commitment to finding new talents and allocating capital to more risk-seeking strategies as well as niche investments with longer-term investment horizons and higher expected returns.
HFRI FoF Composite
|1st half-year 2013||+4.02%||+3.44%||+10.22%|
|Cumulative since December 1996||+176.67%||+126.51%||+85.37%|
Annualized since December 1996
|Allocation per strategy at 30 June 2013||
As a % of total assets2
|Equity Long Short||18.7%|
|Equity Long Bias||6.9%|
|Equity Market Neutral||6.5%|
|Credit Long Short||3.0%|
For further information, please contact:
Tony Morrongiello - Chief Executive Officer
José Galeano - Investor Relations Manager
|Tel. +41 (0)41 760 62 60||Tel. +44 (0)20 7638 3435|
Note to Editors
About ALTIN AG
ALTIN AG was launched in 1996 and is listed on the SIX Swiss Exchange as well as on the London Stock Exchange. It ranks among Switzerland’s leading alternative investment companies. Currently, ALTIN is invested in more than 30 hedge funds representing diverse investment strategies. Its objective is to generate an absolute compound annual return in USD terms with lower volatility than equity markets. Owing to these characteristics and a low correlation with equity markets, ALTIN shares provide an ideal complement for all diversified portfolios.
ALTIN is managed by Alternative Asset Advisors SA, a management firm specializing in alternative investments and a member of the SYZ & CO Group.
1 ALTIN’s performance data provided above is based on the NAV as at 31 July 2013 (final).
2 ALTIN's gross exposure stands at 121.4% as at 30 June 2013.