Press Releases
Bramdean Alternatives Limited reports continued upwards progress in its Net Asset Value 24/01/2008
Bramdean Alternatives Limited (“the Company”), the Guernsey-based investment company specialising in alternatives investments today reported continued upwards progress in its Net Asset Value.
The December 2007 NAV for the Sterling share class rose by 1.3% in sterling terms to 99.41 pence per share and is now 2.7% ahead of its initial NAV of 96.79 pence, priced at the end of July 2007.
Bramdean Alternatives Limited is an innovative new fund of funds, offering globally diversified investment across private equity, hedge funds and specialty asset classes. The Company has no direct exposure to sub-prime but has benefited from its holding in Paulson Advantage Plus Ltd, which has a large position against the U.S. sub-prime sector.
“The underlying assets in the Company’s portfolio are high quality and performing well. We have secured investment in some fantastic funds and managers that many of the Company’s investors would find it difficult to access otherwise. I am really pleased with the portfolio’s early progress,” commented Nicola Horlick, chief executive of Bramdean Asset Management LLP which manages the Company’s assets.
The full list of the Company’s portfolio holdings can be found at www.bramdeanalternatives.com/portfolio
