New broker dealer company offers access to hedge funds

Altegris Investments has launched as a broker dealer specialising in providing investors with access to hedge funds and other alternative investments.

The company, which was previously a unit of Man Financial, was founded by Jon Sundt, president of the new firm. He was formerly a senior vice-president of Man and ran the managed investments division in La Jolla, California, which he founded in 1994.

Altegris will operate independently but is also a guaranteed introducing broker for Man Financia