The Markets
Altegris Macro Fund Adds Brevan Howard Strategy
The Altegris Macro Strategy Fund integrated the Brevan
Howard Emerging Markets Local Fixed Income strategy.
Reported by Lee Barney
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.