Thursday, 24 July 2014
Last updated 15 hours ago
Sep 21 2010 | 10:54am ET
Commodity hedge fund Armajaro Asset Management’s flagship hedge fund remains down more than 7% this year after posting a small positive return last month.
The firm’s Commodities Fund—which invests primarily in metals, energy and grains, and which did not participate in the huge cocoa buy engineered by firm co-founder Anthony Ward in July—rose almost 0.6% in August, Reuters reports. The US$1 billion fund is down 7.3% on the year.
“Returns can be assigned to copper, gold and the grains complex, with losses suffered in crude oil,” the firm explained in a note to investors.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…