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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...