Overview
Dexion Absolute’s investment objective is to generate consistent long-term capital appreciation with low volatility and little correlation with the general equity and bond markets through a portfolio having a diversified risk profile.
Dexion Absolute seeks to achieve this through investment in an actively managed portfolio of hedge funds diversified by investment strategy, style and manager.
Research History
-
31 Jan 2017 1 min read
QuotedData – 2016 review of the year
Our review of 2016 includes performance data, significant moves in discounts and premiums, money raised and money handed back, major news stories and links to the research we have published including our guide to investment companies. 2016 Annual roundup
-
02 Mar 2016 1 min read
Altin – A vessel for volatile seas?
Please click on the link above to read our latest research report on Altin The last twelve months appear to have been good for Altin. Its NAV has grown 5.0%, providing support for its stance that it offers a lower volatility solution with distinctly different sources of return, and its discount has narrowed, boosting share […]
-
22 Sep 2015 1 min read
Altin – Extra protection added for uncertain times
Market volatility has increased over the last few weeks. Over the six months or so since we wrote our last note on Altin, the managers have been increasing the weighting to Protection Strategies, in anticipation of such a development. This has contributed to Altin’s performance lead over rivals. AIA : Altin – Extra protection added […]
News
-
25 Apr 2016 1 min read
Property and infrastructure trusts see inflows in Q1
Volatility has meant that no investment trusts were launched over the first quarter of this year, while money that was raised was focused around property and infrastructure trusts, according to QuotedData. See more at: http://www.portfolio-adviser.com/news/1028797/property-infrastructure-trusts-inflows-q1#sthash.uWHsqkEA.dpuf
-
23 Feb 2016 2 min read
Dexion Absolute to wind up
In October 2015, Dexion Absolute announced that, in the event that the Shares trade at an average discount of 5 per cent. or more to its NAV in the three months commencing on 1 January 2016, it would put forward proposals for either a winding up of the Company and the appointment of a liquidator or […]
-
15 Oct 2015 1 min read
Dexion Absolute avoids triggering a wind up
Back in July 2015, Dexion Absolute announced that, if any class of its then share classes (Sterling, Euro and US Dollar) traded at an average 5% discount or wider for the three months from 1 July 2015 to 30 September 2015 or from 1 January 2016 to 31 March 2016, the board would put forward […]
-
23 Sep 2015 1 min read
Dexion Absolute US$ and Euro Share classes now closed
Dexion Absolute has announced the results of its 2015 redemption and with it the closure of both the US$ and Euro share classes. Now only the sterling share class remains although Euro and US$ shareholders were given the option to switch into the Sterling share class. Under the terms of the redemption offer, 25% of the […]
-
27 Aug 2015 1 min read
Dexion Absolute to shut Euro and Dollar classes
Dexion Absolute has decided to shut its US dollar and Euro share classes on the grounds that they have become too small – shareholders will get the chance to switch into the sterling class. In its interim report (covering the first half of 2015), Dexion said the NAV returns on its Sterling, Euro and Dollar classes […]
-
22 Jul 2015 1 min read
Dexion Absolute may disappear
Dexion Absolute has consulted shareholders about its idea to amend its investment strategy and decided not to take it forward. Instead the directors have said that if any class of shares trades at an average 5% discount or wider for the three months from 1 July 2015 to 30 September 2015 or from 1 January 2016 […]
-
16 Jun 2015 1 min read
Dexion Absolute planning change of focus
Dexion Absolute has announced a redemption offer for up to 25% of its outstanding shares. Anyone who opts for that will probably have to wait until Q1 2016 to see any money (as they liquidate the investment in Aurora Offshore Fund II) and then will have to wait longer for the balance of their investment given […]
-
27 Apr 2015 1 min read
Dexion Absolute tender triggered
Dexion Absolute’s discount control mechanism works by triggering a 25% tender every time the discount trades, on average, wider than 5% over the three month periods starting on 1 January and 1 July each year. The average discount over the first three months of 2015 was 6.4% and so the tender will happen – the […]
-
17 Apr 2015 2 min read
Dexion Absolute discount triggers 25% redemption
Dexion Absolute has published its 2014 accounts. The share prices of the various share classes did much better than the net asset values – the Sterling shares were up 11.8% and 2.8% in share price and NAV terms, Euro shares 10.5% and 2.7% and US dollar shares 16% and 2.8%. 97.1% of the portfolio is […]
-
03 Feb 2015 1 min read
Dexion announces 2014 exit payments
In May 2014 Dexion Absolute offered shareholders a chance to exit the company. 50.9% of the issued GBP Shares, 15.6% of the issued EUR Shares and 48.8% of the issued US$ Shares were redeemed. Shareholders that opted for redemption had to wait until now for the first tranche of their money (the balance will be payable in […]
