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Altegris Macro Fund Adds Brevan Howard Strategy

October 31, 2012 (PLANSPONSOR.com) – The Altegris Macro Strategy Fund integrated the Brevan Howard Emerging Markets Local Fixed Income strategy. 

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.

Lee Barney 

PLANSPONSOR staff
editors@plansponsor.com









 

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