Tue, Jan 17, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

May’s market dramas suit Conquest Capital’s investment approach

Thursday, June 07, 2012

Beverly Chandler, Opalesque London: The $755m investment firm Conquest Capital Group has reported returns for the $612m Conquest Macro of 14.95% in May while the $136m Conquest Managed Futures Select returned 12.59% over the month. The figures gave the Macro fund a year to date return of a loss of 2.96% and the Managed Futures Select fund now stands at a gain of 5.72%. Rolling five year returns for the two funds show Macro at 56.65% and Managed Futures Select at 44.75%.

In a monthly fund report an investor forwarded to Opalesque, Conquest’s Mark H Malek commented that in terms of Conquest Macro’s performance, it generated gains trading each of its asset classes, with foreign exchange proving the most lucrative. Malek also reported that the program realised significant profits in fixed-income and equities.

"This broad-based fund appreciation stemmed from a concerted and uniform change in sentiment, wherein investors sold equities and Euros while purchasing fixed-income securities. These moves proved favorable for the short-term long-volatility and short-term trend-following models. The program saw smaller gains in physical commodities, with the momentum models' participation in dollar appreciation offset by losses in the risk capture sub-strategy" Malek wrote.

For Conquest, their short-term long-volatility models were by far the most successful in May, benefiting from the rapid and violent expansion in volatility from previously-oversold levels. "......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Southpoint Capital gains 3.8% in Q3, bringing year-to-date returns to 5.2%[more]

    From Valuewalk.com: Southpoint Capital Advisors, the $3 billion New York hedge fund founded by former employees of David Einhorn’s Greenlight Capital, added 3.8% net during the third quarter of 2016, bringing year-to-date returns to 5.2% and cumulative returns since inception (July 2004) of 237.4% a

  2. The Big Picture: The case for emerging market debt in 2017[more]

    Benedicte Gravrand, Opalesque Geneva: Emerging market (EM) assets outperformed in 2016 mainly because of stronger fundamentals and an improving international environment, with GDP picking up speed, leading to positive earnings revisions for the first time in five years,

  3. Hedge funds gain across strategies in December, outperform MSCI to close at record index level in 2016[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted gains across all strategies in December to conclude 2016, with the HFRI Fund Weighted Composite Index (FWC) rising to a record index value level as oil prices surged, equities gained and U.S. interest rates increased into year end, accordin

  4. Performance - BlackRock's robot stock-pickers post record losses, Soros-backed fund Glen Point loses in first trading year, Regal Funds Management: Bleak year as returns in key funds plunge 25pc, Elm Ridge Capital up 25% in 2016[more]

    BlackRock's robot stock-pickers post record losses From Bloomberg.com: Like so many fund titans these days, Laurence D. Fink is betting on machines to turn around BlackRock Inc.'s beleaguered stock-picking business. Trouble is, they just might have made things worse. BlackRock

  5. Eurekahedge Hedge Fund Index up 1.01% in December (+4.48% YTD)[more]

    Hedge funds gained 1.01% during the month of December, with 2016 returns coming in at 4.48%. Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) gained 2.38% in December with its 2016 returns coming in at 7.37%. North American equity markets traded higher in December as t