Friday, 19 September 2014
Last updated 2 hours ago
May 25 2007 | 2:58pm ET
Integrated Managed Futures Corp’s Global Investment program produced positive returns in its third month on existence, following a dismal February and March, but overall the fund is still in negative territory. The program, which launched in February, finished April up 9.05% bringing its year-to-date returns to –7.2%.
IMFC in February ceased trading its Diversified program, which traded 29 futures markets, and replaced it with the Global program doubling its exposure to include more equity physical commodities and currency crosses, among other markets.
“The month of April proved to be favourable for the new IMFC Global program,” the firm said. “While strongly positive results are always appreciated, it was even more satisfying to observe that the new program continues to perform exactly as anticipated when it replaced the original IMFC Diversified program.”
The firm is managing US$10.9 million as of the end of April.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.