Thursday, 25 December 2014
Last updated 1 day ago
Jul 11 2011 | 3:09pm ET
La Jolla, Calif.-based Altegris is launching a new mutual fund, the Altegris Macro Strategy fund.
As its name implies, the new fund will employ a global macro strategy, allowing its manager to “profit from the impact of macroeconomic developments on global financial markets.”
Altegris says it has assembled a stable of managers—both discretionary and systematic—to “actively manage” a “dynamic portfolio.”
The fund will give investors access to a number of global macro investment managers including Denali Asset Management, which employs a short-term discretionary strategy; Krom River Investment Management, a 100% discretionary commodity trading strategy; and Ortus Capital Management and P/E Investments, both of which pursue fundamentally-based systemic approaches to global currency markets.
The fund will offer three share classes—Class A, Class I and Class N—carrying minimum investments of $2,500; $1 million; and $5,000, respectively.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.