Some interesting news out of the PFG bankruptcy case, with the court approving a settlement offer of 30 cents on the dollar from the trustee to a single forex customer, which in turn opens the offer up for any and all FX customers. The legalese:
Category: Managed Futures
25
Apr
2014
The Obligatory John Henry/Commodities Article
IBloomberg John Henryf you haven’t heard yet… Billionaire Boston Red Sox owner John Henry got his start in the commodities industry, and more specifically – the niche hedge fund segment known as managed futures. He’s never been shy about a magazine cover, or cameo in MoneyBall, and despite his being out of the ‘commodities’ business for a while now, he’s on a recent cover of Bloomberg Business once again linking the Red Sox with commodities.
23
Apr
2014
Milk – That’s One Illiquid Liquid
We just so happened to stumble upon the table below courtesy of the Food and Agriculture Organization of the United Nations showing a nice breakdown of the dollar value of the top 20 agriculture “crops” produced around the world in 2012 (the last year of data). Who knew milk is the most valuable “crop” produced in the world, or that Agriculture bellwethers in the futures space – Wheat and Soybeans – are each less than half the value of the meats (cattle, pig, and chicken). Or that tomatoes outsell potatoes.
22
Apr
2014
Top 10 Managed Futures Performers of March
While one month’s performance is no way to judge an investment that has 3 to 5 year cycles, a glance at who’s doing well in the different environments month to month can be a useful data point at times. Here’s the top managed futures performers (by return only) for the month gone by:
16
Apr
2014
15
Apr
2014
Futures Trading on Tax Day
For those of you who traded futures markets, this is one hurdle you don’t have to jump over. Here’s some tax advantages of futures trading.
15
Apr
2014
Commodity ETF Breakdown
Here’s our monthly look at the various commodity ETFs and how they track a simple strategy of buying December futures and rolling them annually, plus a comparison to Ag Traders and an overall commodity index. C’mon futures…
14
Apr
2014
YTD Asset Class Scoreboard
No matter which asset class you track on a regular basis, March was a month of little activity around the board, with none of the asset classes we track posting a return above 1% or below -1% {Past performance is not necessarily indicative of future results}.
11
Apr
2014
Why Value Investing is so Hard (Managed Futures Style)
Recently, came across Meb Faber’s blog post “Why Value Investing is so Hard,” and every word we read seemed to resonate a little too well for us in the Managed Futures side of things. Meb chose to focus his efforts on Value Investing — Russian Edition, listing specific examples of why value investing is so difficult.
07
Apr
2014
Get your Comments in (CTA/CPO Capital Requirements)
We won’t bore you with our full response, which is likely a little too much ‘inside baseball’ for most. But here’s some questions to ponder before writing up your comments (and please do, CPO’s/CTA’s).
