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PFGBest.com to launch new commodity fund

Posted on 23 October 2008

From Chicagotribune.com: Chicago-based brokerage PFGBest.com announced plans Wednesday to launch a $100 million commodity investment fund, with plans to set up an additional three to four funds in the next 18 months.

The new fund, which will have multiple strategies and commodity trading advisers, joins an existing commodity fund in PFGBest.com’s Peregrine Asset Management subsidiary. The move comes amid a turbulent stock market that has seen dramatic drops….. Full Article: Source


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