Wednesday, 1 October 2014
Last updated 9 hours 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...