Friday, 27 March 2015
Last updated 9 min ago
Aug 5 2011 | 8:37am ET
Chicago-based Grant Park Funds, a managed futures specialist, is closing in on $1 billion in assets under management.
"Grant Park's steady asset growth reflects advisor and investor recognition of our transparency, rigorous due diligence adherence and ability to produce non-correlated returns while actively managing portfolio risk across the global markets," said David Kavanagh, Grant Park founder and CEO. "This milestone reflects the strength of our investment philosophy and the talent of the Grant Park team. We continue to raise assets at high rates, with 40% growth in assets year over year in our publicly-available fund. Managed futures have come of age as the flight to quality and diversification continues."
The Grant Park Managed Futures Strategy Fund seeks to capture returns related to price trends in the commodity and financial futures markets, investing primarily in investment-grade securities. The strategy is based on quantitative and fundamental analyses of price trends in six market sectors.
"We offer access to global futures and commodities that are otherwise difficult to access, meeting the growing demand for the preservation of capital by limiting downside risk and providing greater portfolio diversification," said Kavanagh. "Grant Parkwill continue to create additional mutual funds and private placement offerings to meet significant client demand in the coming year. We owe our success to the fact that we identify and work only with the best money managers in the space, and have so for more than 20 years."
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…