Monday, 22 September 2014
Last updated 13 min 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.”
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.