Tuesday, 5 May 2015
Last updated 3 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…