Saturday, 28 November 2015
Last updated 1 day ago
Jan 14 2008 | 12:04pm ET
Chappaqua, N.Y.-based Greenbriar Forecast is looking to give its investors exposure to more than just currencies. The $50 million commodity trading adviser last month launched the Global Diversified program, which ended its first month of trading up 2.66%.
The $4 million program trades G7 and related currencies in line with its predecessor offering, the FX-only program, as well as the most liquid futures contracts, including stock indices, interest rates and commodities. The firm uses a short-term technical mode, which provides a series of trade recommendations designed to take advantage of reversals within trending markets “without ignoring the larger picture,” according to founder Franco Marsico.
“Our focus will be on steady, stable returns with shallow drawdowns, but now in a diverse set of equally liquid markets, most of which enjoy higher levels of price volatility than is available in the G7 currencies,” said Marsico.
The new program charges a 2% management fee and a 20% incentive fee with a $1 million minimum investment requirement.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…