October 2018: Altaica Alpha Strategies Fund: -4.55%

By November 28, 2018Altaica Alpha Strategies

The solid and positive development over 2018 was roughly interrupted by October. The month result of -4.55%
was an unpleasant surprise. The pain came from the CTA / Managed Futures managers. As category they lost
almost 9%. For the CTA managers it was the worst month in almost a decade. Also the Equity Long/Short
managers were on the losing side, together they lost almost 5% of their value. Our Global Macro managers
proved their value by gaining 1.3%. Also our Credit managers are doing well with a small positive return. One big
asset also moved in our advantage, the US Dollar won 2.7%.