Weekend Reads: Destroying Happiness

Because post-soccer sadness lingers for hours while after-match joy is fleeting, a loss actually ends up robbing fans of about four times the amount of happiness they might have gained from a win.

British economists prove it: Sports destroy happiness – (Washington Post)


Chicago Trading recently renewed its lease and expanded its footprint by about 27,000 square feet in the 39-story Loop office tower at 440 S. LaSalle St., the company announced.

Trading firm expands at Loop office tower – (Crain’s)


What kind of products will hedge fund firms offer to their new investor? How will they reconcile profits with social responsibility? Will hedge fund firms even exist in the future, or will they have been replaced by artificial intelligence systems? If they do still exist and are still staffed with humans rather than machines, how will hedge firms navigate the coming generational change in leadership?

Innovation is Changing Hedge Funds – (RCM’s Attain Alternatives Blog)


On May 30, we announced the availability of RCM-X execution algorithm strategies on the TT platform. We sat down with Joseph Signorelli, founder and managing partner of RCM-X, to learn more about the company and their offering.

5 Questions with Joseph Signorelli of RCM-X – (TT)


Canadian corn is flowing into Europe at the fastest pace in four years, helped by retaliatory tariffs against the United States by the European Union that has shut American corn out of the bloc, traders said.

Canada feeds European corn appetite as tariff war shrinks U.S. sales – (Reuters)


If the plaintiffs collect anything close to the maximum $50 billion that a global settlement may yield, according to a Bloomberg Intelligence estimate, a handful of attorneys could pocket at least one-quarter of that.

Justice for Opioid Communities Means Massive Payday for Their Lawyers – (Bloomberg)


“Everything we’re doing,” he says, “is centred on the ways in which efficient market theory isn’t true”.

Winton’s David Harding on Turning Away From Trend Following – (Risk.net)


Bitcoin took a significant step toward becoming a mainstream financial instrument this week, as two institutional investors completed the first-ever exchange for physical (EFP) transaction involving bitcoin futures.

Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First – (CCN)


But we aren’t here to discuss why the stock fell the way it did (if we had to guess, its because kids don’t want to be on a social network with their mom’s and grandmas), but we are interested in the drop itself. Turns out, Facebook’s move is a 4 sigma event.

Faecbook’s 4 Sigma Event – (RCM’s Attain Alternatives Blog)


The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

The programs listed here are a sub-set of the full list of programs able to be accessed by subscribing to the database and reflect programs we currently work with and/or are more familiar with.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history. Individuals cannot invest in the index itself, and actual rates of return may be significantly different and more volatile than those of the index.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

Limitations on RCM Quintile + Star Rankings

The Quintile Rankings and RCM Star Rankings shown here are provided for informational purposes only. RCM does not guarantee the accuracy, timeliness or completeness of this information. The ranking methodology is proprietary and the results have not been audited or verified by an independent third party. Some CTAs may employ trading programs or strategies that are riskier than others. CTAs may manage customer accounts differently than their model results shown or make different trades in actual customer accounts versus their own accounts. Different CTAs are subject to different market conditions and risks that can significantly impact actual results. RCM and its affiliates receive compensation from some of the rated CTAs. Investors should perform their own due diligence before investing with any CTA. This ranking information should not be the sole basis for any investment decision.

See the full terms of use and risk disclaimer here.