Friday, 27 March 2015
Last updated 43 min ago
Apr 29 2010 | 9:37am ET
Plainfield, Illinois-based boutique asset management firm Athena Capital Partners has recently opened its doors and unveiled its first trading platform, the Trend and Mean Reversion Systematic Commodities Program.
According to the commodity trading adviser, the program aims to detect and profit from the presence of trend and/or mean reversion characteristics in commodities futures markets, and its objective is to generate 15-20% (net) annualized returns with an annual volatility of 10-15%. The program—which is aimed at sophisticated investors—will focus on trading energy, agriculture, livestock, industrial metals and precious metals.
Principals of the firm include Perry Jonkheer, who serves as both chief investment officer and chief executive officer, and Robert Dubuque, who serves as vice president of business development and sales. Julian Jones serves as a portfolio manager.
The program, which has a $250,000 minimum investment requirement, charges a 2% management fee and a 20% performance fee, with a high water mark.
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…