Press Release - ADAS Wins Hedge Fund Journal Performance Award
The Altana Directors Alignment Strategy (UCITS) won the Long/Short (Systematic/Quantitative) category at the Hedge Fund Journal’s UCITS Hedge Awards 2019. Following its impressive performance in the turbulent market conditions of 2018 ADAS has already won three awards, marking its arrival as an innovative entrant in the Long-Short equity space.
In 2018 ADAS returned 15.3% (before fees) against a negative S&P performance of -6.24%.
Altana’s core philosophy is to use sophisticated financial tools to do simple things better, recognising that investors have a strong interest in intuitive and easy to understand strategies. ADAS seeks pure trading signals to align with corporate insiders, who have superior understanding of their company by selling its stock ahead of market sell offs and entering at more favourable valuations.
In November 2018 at the Hedge Funds Review European Performance Awards 2018 ADAS was recognised as Best New Hedge Hund - Alternative UCITS. In the Investors Choice Awards 2019 ADAS was the Top Performer in the Best Smaller Fund – Equity category.