Altegris is betting that advisors and investors want fixed income exposure on both the long and short side via its latest offering, the Altegris Fixed Income Long Short Fund, according to a Securities and Exchange Commission filing.
The fund will bet on the U.S. and foreign fixed income markets with exposure to both investment grade and junk bonds. Altegris has enlisted the help of its subadvisor, RockView Management, a credit hedge fund, to manage the fundamental long short credit and short biased credit portion of the fund.
Its portfolio managers include Jon Sundt, chief executive officer of Altegris, Matt Osborne, executive vice president at Altegris and Allen Cheng, chief investment officer of Altegris. Ken Schweitzer, chief investment officer of RockView, is the other PM for the fund.
Calls made to Altegris were not returned before press time.