Saturday, 28 March 2015
Last updated 1 day ago
Dec 4 2008 | 12:26pm ET
London-based Global Advisors’ Global Commodity Systematic Program is on a roll. The US$243 million quantitative commodity hedge fund gained another 0.9% last month, bringing its year-to-date gains to 19.75%.
Last month, the fund made gains on U.K. natural gas, reformulated gasoline blendstock, live cattle, aluminum and Brent crude oil, according to co-founder Rus Newton.
“Overall performance was concentrated in the energy sector, with 75% of total return attributable to those markets, with metals & agricultural markets making up the balance,” he wrote in an investor letter.
“We are very happy with our performance. With very low leverage, highly liquid positions and totally transparent pricing, we believe Global Commodity Systematic should be ideally configured for current conditions.”
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…