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Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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California Firm Launches Long/Short Fund

Oct 24, 2013
Jing Chen

Alternative investment firm Altegris Advisors has launched a fixed-income long/short fund.

The California-based firm announced in a statement Thursday that the new alternative strategy mutual fund, which was incepted in February, currently manages approximately $55.56 million in assets.

The fund invests in long and short positions in a variety of fixed income opportunities, including high yield corporate bonds, convertibles, mortgage-backed securities as well as sovereign debt positions.

Connecticut-based hedge fund firm RockView Management and New York-based institutional asset manager Premium Point Investments serve as the fund’s sub-advisors.

Altegris had  about $2.68 billion in client assets as of September 30.

 

Source: 

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