Stockholm (HedgeNordic) – Atlant Fonder has increased its exposure to equities in October according to a commentary from lead portfolio manager Anders Kullberg, seeing a  more stable environment for equities during the month.

According to Kullberg, the increased equity exposure is most visible in the Edge fund. ”As equity markets have stabilized, we have now a more postive market view which is reflected in an increased equity exposure overall. This change is most clearly reflected in the Edge fund as it is quick to add to positions given its higher risk profile”, Kullberg states.

The more defensive fund, Atlant Sharp, has only added slightly to the equity exposure but is aligned for a positive equity market in November, Kullberg writes.

The Atlant Explora and Stability funds only made slight gains relative to their risk profiles in October. However, Kullberg has a positive view on the prospects for these funds to generate stronger returns in the coming 12 months as the funds’ credit portfolios have stabilized significantly. Both funds are positioned for equity markets to go higher in November which is in line with the view of the manager.

On October 16, Atlant launched the European version of their Sharp fund which is off to a good start with gains of 4.2 % on the month according to estimates on the Atlant Fonder website.

Picture: (c) ImageFlow—shutterstock.com

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Jonathan Furelid

Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

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