Monday, 30 March 2015
Last updated 2 days ago
Mar 6 2012 | 2:52pm ET
Chicago-based commodity trading advisor Pardo Capital has launched two new managed futures programs based on its flagship XT99 Diversified trading program.
The XT99 Access and XT99 Commodities programs offer qualified investors access to the proprietary computerized trading algorithms of the XT99 Diversified, but with smaller, more targeted portfolios and lower minimum investments ($200,000 for the XT99 Access program, $500,000 for the XT99 Commodities program).
XT99 Access trades a blend of futures candidates from each of seven major markets while XT99 Commodities trades a weighted commodities-only portfolio of 13 markets including grains, meats, cotton, sugar, coffee, metals and soy complex.
"We are excited to offer two new programs that offer the same proven core strategies of our XT Diversified program with similar returns but with lower risk and volatility and with more accessible initial investment levels," said Bob Pardo, president of Pardo Capital, in a statement. "Managed futures has received increasing attention as a meaningful component of a balanced investment portfolio. We believe our innovative programs, which incorporate a number of advances created by our research and development team, will provide greater access to managed futures to a broader audience."
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…