CTAs & Managed Futures

CTAs & Managed Futures

Update on Short Ten Year / Taper Trade and New Gold / Currency Trade In Works

This article addresses the yield curve trade that recommended a short position in the Ten Year Note going into the Federal Reserve taper announcement and also tees up a new relative value trade in gold / silver vs a small [...]

Comparing CTA Indexes

Comparing CTA Indexes

In their recent white paper, “A Comparison of CTA Indexes,” Red Rock Capital principals Thomas N. Rollinger and Scott T. Hoffman compare the major CTA indexes.  Below is an excerpt of the paper’s primary thesis.  To view the entire paper, [...]

Managed Futures Indices Punch Into the Black as Fed Taper Appears Imminent

Major managed futures indexes punched into the black in November, with the Newedge CTA index up 1.62% following a 1.21% gain in October. Markets currently trending to the upside include the Dax, S&P 500, Japanese 10 year Government Bond, British [...]

The shortfalls of Venture Capital: Why VC has to become a scientific investment discipline

By John Bhakdi When we think about Venture Capital (VC), we think about great entrepreneurs, secret deals, and the adrenaline rush of hitting the “next big thing”. Silicon Valley is in many respects the financial cousin of Hollywood: full of [...]

A CTA High on My Watchlist: Protec

Protec Energy is a fundamental relative value CTA who has generated consistent performance through a variety of difficult market environments for managed futures trend followers – 47% in 2010; 63% in 2011; 11% in 2012 and 17% year to date.  [...]

AlphaMetrix Releases Statement Denying CFTC Allegations

In response to a CFTC civil suit against AlphaMetrix alleging fraud, the firm issued a statement denying the charges alleged in the suit and re-iterated it is fully cooperating to properly liquidate funds on the its managed accounts platform. The [...]

AlphaMetrix to Engage in Orderly Fund Redemption, Conference Plans Still In Tact

AlphaMetrix released a statement saying the firm would begin orderly redemptions of client assets held on its managed account platform and a spokesperson said the firm will remain a viable entity. The statement reads: “In light of recent redemption requests, [...]

Exclusive: AlphaMetrix Source Expresses Optimism Firm Will Meet NFA Deadline, Pay CTA Fees; January Conference Still On Track

As a public deadline with the National Futures Association (NFA) approaches that could essentially end the firm’s business, a source inside AlphaMetrix expressed optimism the January, 2014 conference in Miami Beach will take place.  Further, this source considered it likely [...]

Enforcement Action Could Hasten the End for AlphaMetrix

A recent Enforcement Action against AlphaMetrix by the National Futures Association (NFA) could hasten the firm’s path to bankruptcy. On October 21, the NFA issued a “Notice of Member  Responsibility Action” to AlphaMetrix which instructed the firm to pay $600,000 in fees [...]

Source: AlphaMetrix in Negotiation for Sale of Firm, But Bankruptcy More Likely Outcome

 By Mark Melin   AlphaMetrix, the investment platform connecting primarily institutional investors with hedge funds and managed futures programs, has suspended paying performance and incentive fees to the funds on its platform and fired its Chief Financial Officer, according to [...]