Thursday, 28 August 2014
Last updated 2 hours ago
Jan 29 2007 | 1:01pm ET
Springville, Utah-based Vision Capital Management’s VCM Global Futures program finished its first 11 months of trading up 27.05%.
The program, a diversified, systematic, long/short futures strategy, made gains in all sectors traded last year. The metals and grains sectors attributed to most of the profits, according to principal Dario Michalek.
“We use price and time to determine entries and exits and what’s unique about us is that we’re only in each market about 50% of the time so we avoid a lot of the chop and trade ranges,” said Michalek.
The program does not charge a management fee and the performance fee is 20%, with a $100,000 minimum for a fund structure, Vision Capital Partners LP, and a $250,000 minimum a managed account.
Before launching the fund last year, Michalek served as a portfolio manager for Mapleton Capital Management, a long/short equity fund.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...