Tuesday, 31 March 2015
Last updated 12 hours ago
May 6 2010 | 1:26pm ET
Superfund, the retail managed-futures fund, had a very tough 2009. But its bouncing back so far in 2010.
The fund, headed by Christian Baha, is up about 18% this year. But it still has a long way to go to make up for last year, when its C-share class shed 51.03%.
“2009 was very difficult for Superfund,” Baha told Reuters. “It was not funny but you have to get through such periods.”
“If you do long-term trend following, you can have a year like this every 20 to 30 years,” the Austrian added.
Superfund’s annual returns practically define volatile. In 2008, when most hedge funds plummeted by double-digits, the Superfund C class soared 74.18%. Since inception nine years ago, the share class is up 360%.
Superfund’s three share classes have US$1.24 billion in assets under management.
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…