October 31, 2012 (PLANSPONSOR.com) – The Altegris Macro
Strategy Fund integrated the Brevan Howard Emerging Markets Local Fixed Income
This is the first time a strategy from hedge fund Brevan
Howard has been available in a mutual fund portfolio, said Jon Sundt, Altegris
president and CEO.
The Brevan Howard strategy is an actively managed, liquid
portfolio that takes two approaches—fundamental global macroeconomic data and
fixed income—to invest in fixed income and currency instruments primarily in
emerging markets in Asia Pacific, Africa, Eastern Europe and Latin America.
Holdings include government bond and financial derivative instruments
referencing interest rates and currencies. As of September 30, the portfolio
had total assets of $393.6 million.