Wednesday, 17 September 2014
Last updated 2 hours ago
Nov 14 2008 | 1:00am ET
Utah-based Vision Capital Management recently launched its Global Futures 2x Fund. The fund returned 11.5% in its first month of trading and about 50% last month.
This month, the fund is up about 10% as of Nov. 10, according to principal Dario Michalek. However, the firm’s predecessor Global Futures Fund hasn’t fared as well this year, dropping 25%.
“The original fund had some difficult months in July and August of this year mainly due to the swift reversals across all commodities which we were fully invested in,” he said. “Our new program does a much better job at controlling drawdowns and volatility while maintaining the same level of returns.”
The fund charges 2% for management and 20% for performance.
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…
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