The London and Monaco based fund manager, Altana Wealth, has launched a new Digital Assets Fund that will invest in Blockchain Technology across a wide spectrum of sectors.
Altana Wealth, the asset management company based in London with an affiliate company based in Monaco has been a crypto pioneer since it launched its Digital Currency Fund (the first cryptocurrency fund in Europe) in May 2014. It is an open-ended fund that invests in cryptocurrencies and has returned 7000% since inception, outperforming a passive investment in Bitcoin.
“We recognised the opportunities for a new and truly decentralised asset class back in 2014 when Bitcoin was trading at $435. Since then Altana has been a leader in crypto markets that are constantly changing and innovating. While cryptocurrencies are a high-risk, high-volatility asset we believe that they have a place in a well-balanced investment portfolio”Altana’s founder and Monaco resident Lee Robinson
The Altana Digital Currency Fund has twice won the ‘Best Niche Hedge Fund’ at the Hedgeweek Global Awards for its returns and superior outperformance. In January 2017 the asset management company launched Altana Specialty Finance, which loans USD to crypto traders and has never had a down month.
Most recently in June 2022 Altana launched the Altana Digital Assets Fund which invests in early-stage Blockchain projects that are largely inaccessible through traditional equity investments. This will allow investors to participate in the significant upside potential of an asset class that is poised to explode.
It uses a discretionary portfolio management strategy following a VC style rules-based investment process to source, research and filter the highest quality digital assets. ADAF follows six main primary investment themes: Layer 1 & 2 Blockchain, Decentralised Finance, Web 3.0, centralised exchange platforms, interoperability and Metaverse/Gaming.
“With the current market sell off and investor sentiment at extreme fear levels, we believe we have an extraordinary opportunity to launch the fund now. We have been closely monitoring positions following the recent market sell-off and work alongside Altana’s macro portfolio managers to monitor Central Bank policy actions, which we believe will soon signal a sentiment reversal. As firm believers in the long-term disruptive potential of BlockchainTechnology these are exciting times for investors.”ADAF portfolio manager Samed Bouaynaya
Monaco Digital Assets Fund
Article: Joana Foglia & Robin Eggar