Sunday, 21 September 2014
Last updated 2 days ago
Jul 10 2008 | 11:04am ET
Conquest Capital Group, a $631 million managed futures shop, is sailing along through the first half of the year.
The firm’s $251 million macro strategy is on pace for it’s best-ever year, gaining 8.14% in June and 26.64% year-to-date. Most of the firm’s Macro Fund’s gains in June came from its short-term, long-volatility strategies, which took short positions in U.S. and European equity index futures, according to Mark Malek, chief investment officer.
Conquest’s $170 million Managed Futures Select, which began trading in June 2004, was up 4.7% in June and 16.3% for the year. According to Malek, the program made most of its gains through physical commodity trading.
However, the firm’s latest offering, Conquest Macro/Carry Blend strategy, which launched in April and is a mix of the global macro foreign exchange portion of the firm’s Macro Fund with the older Conquest Carry strategy, dropped 0.09% last month and is down 1.54% through June.
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.