Friday, 29 August 2014
Last updated 12 hours ago
Jan 20 2011 | 10:43am ET
While the average hedge fund indices were bested by the broader markets in 2010, Welton Investment Corporation outperformed both of them. The firm’s flagship Global Directional Portfolio returned 18.31% last year, while the S&P 500 Index returned 12.78%, the HFRX Global Hedge Fund Index returned only 4.75% and the Barclay CTA Index gained a mere 6.34%.
According to the firm, the 2010 investment landscape was dominated by two major global macro themes, declining interest rates due to quantitative easing and escalating commodity prices. The Global Directional Portfolio, which manages $549 million, capitalized on the surge in prices for risky assets through long positions across a diverse group of agricultural, energy and metals futures. Sovereign quantitative easing initiatives around the world drove down interest rates in the first three-quarters of 2010 and the portfolio harnessed this opportunity through long positions across government fixed income futures.
“Our performance isn’t reliant on the whims of the broader markets because our approach simply won’t allow it. We’re too diversified, plus we’re mining many investment opportunities that are not widely followed,” said Patrick Welton, chief executive officer of Carmel, California-based Welton.
Welton Global Directional Portfolio has annualized returns since inception in 2004 of 14.34%. During that period. All of the portfolio’s calendar year returns since 2004 have been positive, with the exception of 2009 when the portfolio was down 5.57%.
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 ...