Destra Capital Advisors LLC and FLX Networks are thrilled to announce the Closed-End Fund Nexus 2024 Summit, taking place on Wednesday, October 2, 2024, in Midtown Manhattan. This highly anticipated event will bring together leading closed-end fund and interval fund managers, buy and sell-side analysts, and industry influencers from across the country. This is a reprint of an original article from www.intervalfundtracker.com

The interval fund sector has gone through unprecedented growth over the past few years. Yet there has been very little coverage of how these funds are actually performing, until now. In the article we provide a broad overview of interval fund performance, and highlight some of the top performing funds. Our goal is to separate the signal from the noise and see what really works over the long term. This is a reprint of an original article from www.intervalfundtracker.com

Destra Capital Advisors LLC (“Destra Capital”), a boutique asset management firm, today announced that it will acquire the investment management contracts for the Altegris/AACA Opportunistic Real Estate Fund, Altegris Futures Evolution Strategy Fund, the Altegris/Crabel Multi-Strategy Fund and various other related assets to include the Altegris Winton Futures Fund LP from Altegris Advisors LLC (“Altegris”). Altegris has been at the forefront of providing innovative alternative investments since its founding over 20 years ago. Their multi-strategy, real estate and managed futures solutions will provide a meaningful enhancement to Destra’s current suite of alternative investment offerings.

The third quarter 2024 update for the BlueBay Destra International Event-Driven Credit Fund (CEDIX). This webcast features an interview with Portfolio Manager Duncan Farley from BlueBay.

October is often a tough month for risk assets. Some of the stock market’s biggest sell offs in history have occurred in this first full month of fall in the northern hemisphere. Credit instruments often trade in sympathy with equities, if not in lock step occasionally. This October, bond prices generally fell like autumn leaves, as yields pushed up for a host of reasons.

September has historically been the cruelest month for stocks (on average) going back decades. And credit often plays sympathy to the devil of equities, especially on the downside. But this September saw stocks and credits soar in a devil may care, rally.