30 June 2008
Alteram Stategie Futures best performer year-to-date according to Option Finance.
In its edition dated 30 June 2008 Option Finance review publishes its hedge funds ranking. Alteram Strategie Futures ranks first YTD among FoHFs with a performance of 12.82% (as of June 20th).
According to Olivier Ramé, Head of Fund Management, since the beginning of the year, the main contributors to the fund's performance were trend-following CTAs. As a matter of fact, since early 2008, the market has been facing steady trends: USD falling against all major currencies, oil price increasing sharply as well as gold which largely contributed to the performance during the first quarter. Other major trends are linked to yield curves movements and the sudden rise in agricultural products, notably rice and soya.
In the coming months the allocation of the portfolio will remain stable and the fund should take advantage of the volatility of financial markets, which should remain high over the long-term.
(Past performances are not indicative of future returns and are not constant in time)