ADAS Flash Report - Altana Directors’ dealings significantly outperform in February market rout
The main event this month was the largest volatility spike ever, as a result of more than 8% drop in the S&P 500 index. Corporate directors anticipated this and sold off parts of their holdings allowing the fund to build up a strong short book. For more detailed explanation regarding how the fund substantially outperformed their relevant indices, we encourage all our investors and prospective investors to read the below article written by Alphons Vermorken (PM of the Altana Director Alignment Strategy UCITS):
Full article: Directors’ dealings significantly outperform in February market rout