Fri, Feb 12, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Second generation ETFs address contango and backwardation – Teucrium launches 3rd ETP

Friday, February 25, 2011

amb
Sal Gilbertie
From Kirsten Bischoff, Opalesque New York:

One of the firms bringing a second generation of Exchange Traded Product (ETP) funds to market, Teucrium Trading just announced the launch of its third fund, The Teucrium WTI Crude Oil Fund, which is listed on the NYSE as CRUD. The ETF joins the firm’s already launched CORN and NAGS (natural gas) funds.

ETFs have soared in popularity over the past few years. The largest ETF firm, BlackRock’s iShares dominates the market, but there is plenty of room for competition, as in just the past month (January 2010) the ETF industry saw over $10bn in net inflows (the type of numbers that the hedge fund industry used to see prior to the financial crisis).

For Teucrium, the focus is on providing single commodities ETPs to an investor population that wants to participate in the commodity growth expected to be driven by emerging markets growth. “Investors need a way to efficiently invest directly into commodities and we give them a way to do that trading a NYSE listed security which, in many ways investors would rather do than open a futures account,” Sal Gilbertie, Founder of Teucrium told Opalesque.

CORN, which was launched in June 2010 began with $5m under management and after 8 months of trading has reached over $70m in assets. “We launched CORN first, because there was no ETF dedicated only to corn and we saw an urgent need for that. We also decided that our approach to ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  2. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise

  3. Investing - Some hedge funds want to make subprime auto loans next big short, 11 hedge funds that are “all in” on the FANG stocks, Hedge funds short London luxury homes, Cynet raises $7 million from U.S. hedge fund[more]

    Some hedge funds want to make subprime auto loans next big short From Bloomberg.com: A group of hedge funds, convinced they have found the next Big Short, are looking to bet against bonds backed by subprime auto loans. Good luck finding a bank willing to do the trade. Money manage

  4. Investing - Hedge funds see selloff in European bank stocks as buying opportunity[more]

    From WSJ.com: The massive selloff in European bank stocks and bonds is overdone and presents a “phenomenal” buying opportunity, according to some of Europe’s top hedge-fund managers. Despite a 28% slump in European bank stocks this year, including a 38% fall in Deutsche Bank AG and a 34% drop in Soc

  5. Legal - Carlyle accused of fraud by ex-employee, Hedge funds win CDS breach of contract suit against Deutsche Bank, Hedge fund asks for OK on $27.5m Goldman CDO deal, SFO examines Barclays hedge fund profits[more]

    Carlyle accused of fraud by ex-employee From AI-CIO.com: A former portfolio manager claims he was fired for blowing the whistle on “crazy” and “irresponsible” investments. Carlyle Group has been sued by a former portfolio manager for one of its hedge funds, who accused the firm of “knowi