Alternative Investment Trust (AIQ.AX)
Alternative Investment Trust operates in the Asset Management industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $1.37, up 0.00% on the session, giving a market capitalisation of $46.6M. Its beta of 0.07 implies it has historically moved less than the broad market.
The Alternative Investment Trust functions as a balanced mutual fund, originally established by RE The Trust Company (RE Services) Limited. Its management is a collaborative effort between Laxey Partners (UK) Limited and Laxey Partners Ltd. The trust's holdings are diversified across Australian equity and fixed-income markets, with additional investments in absolute return funds. It aims to acquire stock in companies operating across various economic sectors. This Australian-domiciled entity, which commenced operations on April 7, 2005, was formerly known as the Everest Babcock & Brown Alternative Investment Trust.
Alternative Investment Trust is most often compared with the following Financial Services names: