Wednesday, 27 August 2014
Last updated 1 hour ago
Nov 30 2006 | 10:24am ET
Toronto-based Integrated Managed Futures Corp’s Diversified program in October was down 6.6% bringing its year-to-date returns to –17.0%. The systematic program, which predominantly trades physical commodities, is currently managing some $11 million in assets.
The firm specifically attributed its losses in October to the grains markets with the exception of the wheat sector. “Marginal losses in meats and softs rounded out the drag from the agricultural sector,” stated the firm.
IMFC generally invests over 60% of its portfolio in physical commodity futures such as metals, energy futures and agricultural and soft commodities. In addition, it invests in global currency and treasury debt futures but has no exposure to equities and/or equity indices.
The Diversified program charges fees of 2/20 with a $500,000 minimum investment requirement.
Roland Austrup, former investment advisor with BMO Nesbitt Burns, is the president and CEO of IMFC. The firm is a subsidiary of Integrated Asset Management Corp, an alternative asset management firm with some $3 billion in assets under management.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...