Dimacos Diversified Program, Market Review for February 2017

Dimacos Diversified Program, Market Review for February 2017

February was a good month for Dimacos Diversified. We generated +4.49% vs +2.27% by the SG CTA Index and +3.93% by the S&P 500. All our sectors performed positively, equities, indices, interest rates, currencies and commodities with most profits coming from long indices and short currency positions. Some losses in a few interest rate and commodity positions were nowhere near making a meaningful disruption to […]

Dimacos Diversified Program, Market Review for January 2017

Dimacos Diversified Program, Market Review for January 2017

In January 2017, Dimacos Fund declined by -1.94%. The predominant driver of this was market unease resulting from a number of unorthodox moves by the newly-elected US President, Donald Trump. Since the US President’s inauguration, a combination of market protectionism rhetoric and an executive order to ban US Entry by citizens of seven, predominantly Muslim-resident countries, have created significant market anxiety as to whether, going […]

Dimacos Diversified Program receives award from BarclayHedge!

Dimacos Diversified Program receives award from BarclayHedge!

Dimacos Diversified Program receives award from BarclayHedge for Top 10 Performance among Diversified Emerging Managers for December 2016 Dimacos Diversified Program, a systematic absolute return investment strategy, has received an award from BarclayHedge for Top 10 Performance among Diversified Emerging Managers for December 2016. The BarclayHedge database is one of the world’s largest databases of hedge funds, CTA funds and other alternative investment strategies providing investors […]

Dimacos Diversified Program, Market Review for December and Year 2016

Dimacos Diversified Program, Market Review for December and Year 2016

December was a good month for Dimacos Fund which trades the Dimacos Diversified Program, with a net monthly return of +3.84%. We managed to outperform the SG CTA Index which delivered +0.81% as well as the S&P 500 which made +2.03%, including dividends. Most of our holdings were productive this month, with currencies, indices, interest rates and commodities making a significant positive contribution. Past November […]

Overanalysing!

Overanalysing!

Success in investing does not come with overanalysing. It doesn’t necessarily come from overcomplicated strategies either. Although it is very marketable to demonstrate an extremely complex integrated system to make money out of the markets or excessive analysis before making an investment,these are hardly factors that define long-term success. The point is not too much and sophisticated work but rather the right type of work, […]

Dimacos Diversified Program, Market Review for November 2016

Dimacos Diversified Program, Market Review for November 2016

Another month of surprises. 2016 will go down as a year where some of the most unpredictable events. In June we had the surprising Brexit voted, in November Donald Trump became the next US President and in December the Italian public voted No to major constitutional reforms causing the resignation of Mateo Renzi (albeit the last one was fairly expected). This is the nature of […]

The role of the Fund Administrator in today’s markets

The role of the Fund Administrator in today’s markets

The investment environment Capital markets and the investment environment have never been so complex and challenging as nowadays. Investment products constantly reach new forms on ingenuity in their endless effort to capture positive performance. New structures emerge every couple of years, sometimes adding value to the industry and sometimes destroying a big part of it. The world, only eight years ago experienced a near-depression financial crisis […]

A tale of two investors, same investment, different results!

A tale of two investors, same investment, different results!

In our hypothetical scenario each one of two investors, Joe and Blogs, invested on 31st December 2000 in a fund trading the SG CTA Index. Joe was the Chief Investment Officer of a major Pension Fund with very long-term liabilities. Joe’s bonus and pay package was a function of his long-term results. Joe bought the investment and held it until 31st December 2015 without touching […]

A few words about trading!

A few words about trading!

Successful trading is hard, very hard. Not so much because it is complicated and difficult to design, quite the opposite actually. That is the easiest part, although conventional wisdom dictates otherwise. The hardest part is implementing it and sticking to it, especially during loss-making periods. It is psychologically extremely difficult and stressful for any human being to carry on with a trading strategy when it’s (temporarily) […]

Equities outlook for the next 15 years. Can managed futures help?

Equities outlook for the next 15 years. Can managed futures help?

Systematic managed-futures traders do not typically try to make predictions. They do not study, in an opinionated manner, the fundamentals of businesses such as Microsoft, markets such as oil, economies such as the US or Europe or macro statistics such as unemployment rates. Instead they usually focus on two variables, namely historic price action and volume. Historic could range from a couple of months to […]