Yes, there is a known issue with the ALTREMOTE_UPDATE megafunction for Stratix® V and Arria® V devices. The logical atom definition for stratixv_rublock and arriav_rublock in the WYSIWYG atom for Stratix V and Arria V devices were defined incorrectly. Thus, the megafunction will fail to function correctly in these devices.
This issue has been fixed in the Quartus® II software version 11.1SP2 or later.
If you are using Quartus II software version prior to 11.1SP2, recompile your design using Quartus II software version 11.1SP2 or later.