IMFC’s Global Program Positive in April

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.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of