Tuesday, 28 April 2015
Last updated 9 hours ago
Jun 15 2007 | 10:41am ET
Dighton Capital USA’s Swiss Futures trading program had a huge month in May to bring it back to the brink of profitability. The diversified futures program returned 30.39% in the month, bringing its year-to-date decline to a (somewhat) more manageable 11.24%.
“We went long some commodity positions and have recovered nicely from a drawdown in April,” Jürg Bühler, director of parent company Dighton World Wide Investments, said. “We have not recovered completely yet but are very close to making new highs.”
The Swiss Futures Trading program trades most of the liquid U.S. future markets like currencies, stock indices (especially Mini S&P’s), bonds and notes, energy, corn, grains and other commodities like cotton. It charges fees of 2% for management and 33% for performance, with a $100,000 minimum investment requirement. The program is currently trading a total of $70 million in assets.
Bühler said the firm is currently “working on a more diversified product that should be less volatile, but the product is still in construction and not all the details are known yet.”
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…