Monday, 30 March 2015
Last updated 6 hours ago
Feb 7 2007 | 12:27pm ET
Barrington, Ill.-based Meyer Capital Management had its first losing year in 2006 following seven consecutive years of positive returns, dating to its inception in January 1999. The firm’s Diversified Program, a systematic, diversified futures strategy, fell 11.25% last year.
Meyer’s drawdown was a chink in an otherwise robust strategy, which has achieved annualized returns of 15.31%. It reported assets under management of some $135 million at the end of December.
The program uses technical and quantitative analysis and employs both long-term trend following and short-term counter-trend trading strategies to a diverse portfolio of futures markets, according to Meyer’s disclosure documents.
James Meyer, a former trader on the floor of the Chicago Mercantile Exchange for Shearson Lehman Brothers and Linnco Futures, founded Meyer Capital in 1998.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…