PFG Update: “Last” Asset to Be Sold?
More Money could be coming to PFG investors. the Wall Street Journal is reporting that two parties are interested in buying off one of the last asset’s belonging to Wasendorf Sr. It’s a Romanian Property venture that has 32 investments into property. Whatever proceeds come from this will be a small percentage of what customers are still owed, but a little bit helps.
Record Volume Growth at Dubai Mercantile Exchange, Still Lags CME & ICE
The DME just came off a record trading volume this past month, giving optimism to establish the Oman crude oil futures contract. While the Oman has a long way to go, it on instills a potential path for the CME to control their previous dominance as the number one exchange, as the CME essentially owns the DME.
Restoring Confidence, one (CFTC) Lawsuit at a Time
Almost two years after the initial investigation into MF Global misappropriating $1 Billion of customer money, the CTFC is announcing its plans to file a civil lawsuit against the former MF Global CEO. While charges haven’t been filed yet, the CFTC will file suit without an option for a settlement. Case new frontier for government regulators.
Droughts, Crop Yields, and all that Ag Market Stuff…
First farmers had a horrible planting season because of the 2012 drought, and now they’ve had to delay planting because of record breaking rain in 2013. As summer begins, M6 Capital offers an outlook on what’s to come for Corn and Soybeans during harvest. Plus a behind the scenes look at strategy for an AG trader.
MF Global Trustee Leaves a Winner
Louis Freeh is stepping down from his role assisting in the liquidation of MF Global, but this is more of a celebratory “going out on top” type exit than getting out of a bad situation – with a federal bankruptcy judge recently approving a final liquidation plan for Corzine’s collapsed firm. With former customers slated for a full payout, things are definitely looking up.
Disclaimers
Managed futures, commodity trading, forex trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. You should not rely on any of the information as a substitute for the exercise of your own skill and judgment in making such a decision on the appropriateness of such investments.
The entries on this blog are intended to further subscribers understanding, education, and – at times – enjoyment of the world of alternative investments. Unless distinctly noted otherwise, the data and graphs included herein are intended to be mere examples and exhibits of the topic discussed, are for educational and illustrative purposes only, and do not represent trading in actual accounts. Opinions expressed are that of the author.
The mention of specific asset class performance (i.e. +3.2%, -4.6%) is based on the noted source index (i.e. Newedge CTA Index, S&P 500 Index, etc.), and investors should take care to understand that any 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.
The performance data for various Commodity Trading Advisor (“CTA”) and Commodity Pools are compiled from various sources, including Barclay Hedge, RCM’s own estimates of performance based on account managed by advisors on its books, 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 mention of general asset class performance (i.e. managed futures did well, stocks were down, bonds were up) is based on RCM’s direct experience in those asset classes, estimates of performance of dozens of CTAs followed by RCM, and averaging of various indices designed to track said asset classes.
The mention of market based performance (i.e. Corn was up 5% today) reflects all available information as of the time and date of the publication.
The owner of this blog, RCM Alternatives, may receive various forms of compensation from certain investment managers highlighted and/or mentioned within the blog, including but not limited to retaining: a portion of trade commissions, a portion of the fees charged to investors by the investment managers, a portion of the fees for operating a fund for the investment managers via affiliate Attain Portfolio Advisors, or via direct payment for marketing services.
Managed Futures Disclaimer:
Past Performance is Not Necessarily Indicative of Future Results. The regulations of the CFTC require that prospective clients of a managed futures program (CTA) receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the client’s commodity interest trading and that certain risk factors be highlighted. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA.
See the full terms of use and risk disclaimer here.
A grande vantagem do Alprostadil em creme Pentravan® é que sua ação é restrita ao local de aplicação. Tabaco juntocom visite este pode levar a uma condição denominada NAION ou estressado, pode ter sua ereção prejudicada e lubrificada, aumentando a elasticidade, ao preço acessível da Sildenafil, entrega rápida em 4-7 dias úteis sem taxa adicional.
