LSE & SIX—listed fund of hedge funds


  • ALTIN was a $240m fund of hedge funds listed on the London and Swiss stock exchanges until 2016
  • Post the 2008 financial crisis, many such funds began trading at a discount to net asset value
  • With the sector out of favour the discount reached over 33%


  • Develop a core group of hedge fund and investment reporters following ALTIN
  • Explain portfolio construction, volatility management and hedge fund selection criteria
  • Comment on hedge fund strategy performance to top tier investment reporters


  • Extensive communication of performance, which was up +24.65% in 2013 with NAV up +10.42%, and discount management measures
  • Reconnecting with investor groups in London leading to increased interest
  • ALTIN share price discount to NAV narrowed to below 10% by 2015