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Vega Capital Group LLC (VCG) is a boutique investment management firm specializing in asset management and risk management for individual and corporate clients. We employ a variety of proprietary strategies to deliver superior performance to our clients.
VCG works closely with clients to identify their expectations, risk tolerances and objectives. We do not have generic templates or universal "one size fits all" asset allocation models. What we do have are our clients, with their needs and ever-changing goals and requirements. We designed and implemented sophisticated investment strategies, drawing on our expertise across all asset classes. Our investment portfolios include fixed income (Vega Safety), equity (Vega Equity *) and various alternative investment vehicles. None of our investment services are outsourced. We strive to achieve superior risk-adjusted returns by utilizing disciplined, time-tested processes developed and executed by our team of highly qualified, experienced asset management professionals.
VCG's approach is anchored in the belief that successful investment management is both a science and an art. We harness technology innovation and intellectual capital to provide investors with optimal investment performance, and to monitor risk. Client performance objectives are met through the application of powerful analytics, qualitative research and collective intelligence.
Vega Capital Group LLC is a US Securities and Exchange Commission (SEC) Registered Investment Advisory firm (SEC File Number 801-64539).
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| Year
2007 | Year
2006 | Year
2005 | Year
2004 | Year
2003 | Annualized
Since Inception * |
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| Vega Equity*™ | +7.5% | +12.4% | +8.90% | +17.60% | +42.70% | +18.2 |
| S&P 500 | +3.5% | +13.6% | +3.00% | +9.00% | +26.40% | +11.4 |
| NASDAQ | +9.8% | +9.5% | +1.40% | +8.60% | +50.00% | +15.5 |
| Dow Jones | +6.4% | +16.3% | -0.60% | +3.10% | +25.30% | +10.2 |
NOTES:
Vega Capital Group LLC ("Vega") is an independent adviser registered with the Securities & Exchange Commission. The performance shown reflects actual performance for representative accounts. One representative account is selected for each strategy. The selection of representative account is based on the following factors: cash flows into or out of account for the reporting period, size of account sufficient to be representative of the strategy, average trading expenses. Performance of other accounts managed under the same strategy may vary. The firm maintains a complete list of its accounts performance, which is available upon request. Past performance is not indicative of future results. Accounts under Vega's management are not insured against loss of principal, and may loose value. The U.S. Dollar is the currency used to express performance. Returns are presented net of management fees and include the reinvestment of all income. In addition to an advisory fee, performance shown includes any additional custodial or service fees. The advisory fees for Vega Equity* accounts are calculated as follows: management fee of 0.375% is charged quarterly in advance, based on the closing balance on the last date of the previous quarter; and performance fee is charged annually in arrears, equal to the 10% of annual investment gain above all relevant watermarks and hurdle rates for the account. Vega's schedule of advisory fees vary based on product and type of client and is contained in Form ADV-II. Additional information regarding the policies for calculating and reporting returns is available upon request.
The indices used for comparison are Standard & Poor's 500 Index, which is comprised of 500 selected common stocks most of which are listed on the NYSE; Dow Jones Industrial Average (DJIA) Index, which is a price-weighted average of 30 blue-chip stocks and NASDAQ Composite (NASDAQ) Index, which is a broad-based capitalization-weighted index of all NASDAQ (National Market & Small-Cap) stocks. Vega Equity* Inception Date is 07/01/2003.Vega Equity* program is only available to qualified investors. Performance for Vega Equity* program for year 2003 is based on pro-forma results for months January through June of 2003. Pro-forma results may not be indicative of actual performance in client's accounts.
Vega Equity* Inception Date is 07/01/2003.
Vega Equity* program is only available to qualified investors.
Performance for Vega Equity* Program for year 2003 is based on pro-forma results for months January through June of 2003. Pro-forma results may not be indicative of actual performance in clients accounts.
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As you remember, we have outlined our very conservative position towards the equity markets at the end of the First Quarter. The changes we made in the portfolio during the second quarter reflected our outlook, and for the first time in 5 years, our portfolio has become market neutral. Of course, the flip side is obvious - we have significantly under performed the market in the Second Quarter - by 3% on the net basis. Our year-to-date performance remains at par with S&P 500. We continue to maintain the same position towards the equity markets for the reasons outlined below. As you remember, our primary concern was the crisis with sub prime mortgages...
 Read the full article here
Website last updated 7/13/2007
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