Altegris launches long-short fund for real estate.
M2 EQUITYBITES-February 19, 2014--Altegris launches long-short fund for real estate
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19 February 2014 -- California-based alternative investments provider Altegris said it has launched theAltegris/AACA Real Estate Long Short Fund (RAAAX).
According to the firm, the fund seeks to deliver higher risk-adjusted returns than traditional long-only real estate strategies, while also potentially providing an inflation hedge and a durable stream of income.
The fund's sub-adviser, American Assets Investment Management, LLC utilises a long/short real estate strategy focused on investing in equity securities of real estate investment trusts (REITs) and real estate companies in sectors where tenants are not inclined to move.
These situations manifest themselves when sectors have few participants, tenants have high demand drivers for their businesses, high entry barriers exist for new owners and developers and tenants have high barriers to exit.
AACA was founded in 2002 with an established industry network of real estate professionals, investment bankers, management teams and analysts.
Altegris offers a suite of alternative investment solutions are designed for financial professionals and individuals seeking to improve portfolio diversification.
Find out more at www.altegris.com.
1 USD = 0.5968 GBP
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|Publication:||M2 EquityBites (EQB)|
|Date:||Feb 19, 2014|
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