Conquest Capital Breezes Through June

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.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of