Evidence of the NFA’s incompetence in the PFGBest case continues to mount. Why didn’t the 2011 email that revealed PFG’s shortfall lead to any action? Because of a fax from a number that should have led them right back to Wasendorf. There are just no words that can adequately respond to this.
We had high hopes for today’s Senate hearing on the PFGBest debacle, but most of our questions about the failure of the NFA were not answered (or even asked). So, here are the questions we’d like NFA head Dan Roth to answer.
To say that July was a stressful month would be an understatement. However, despite the frustration this month has brought, there is at least one silver lining: managed futures performance.
He’s Just Not That Into You is probably one of the few chick flicks made in recent years that’s worth watching, if you ask the folks around our office. But this post isn’t about the performances, screenplay or dating advice found within its film reel. No, as it turns out, the movie has a message for […]
With July now in the books, it’s time to update our monthly look at managed futures mutual funds. We don’t think mutual funds are the best vehicle to access the managed futures asset class if you have the capital to stand on your own and invest in individually managed accounts, and the numbers continue to back us up.
The Asset Class Scoreboard has been updated following a July that proved to be a good one for every asset class we track. In particular, we were definitely glad to see that June’s disappointing numbers for managed futures did not last into July.
With the Olympics in full swing, the folks over at Bond Vigilantes are keeping the conversation focused on the global economy – using the Olympics to put various country’s debt burdens into perspective. The results definitely don’t make us feel like cheering.
The risk on/risk of trade and the overall correlations in the futures markets influence how easy or difficult it is to stay diversified. With another month in the books, it’s time to take another look at how these conditions are playing out this year.
Olympic frenzy was in full swing this week, but there were plenty of other stories we were keeping an eye on. The dog days of summer are in full swing – so for now we’ll be trying to stay cool with our weekend reads.
Actively managed ETFs are becoming more common, including recent forays into the managed futures space. However, for those who are concerned about liquidity, and seeking out exposure to alternatives, the mad dash to ETFs may be ill-advised.