Friday, 19 December 2014
Last updated 5 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.