Opalesque Futures Briefing http://www.opalesque.com/Futures_Briefing Futures Briefing Mon, 14 Apr 2014 03:28:17 +0000 http://wordpress.org/?v=2.7.1 en hourly 1 The managed futures CTAs could face historic challenges from rising rates http://www.opalesque.com/Futures_Briefing/?p=10020 http://www.opalesque.com/Futures_Briefing/?p=10020#comments Mon, 14 Apr 2014 03:28:17 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10020 The managed futures CTA expects correlations between CTAs and equities, traditionally uncorrelated, to rise as interest rates move higher. Managed futures CTA have enjoyed a “cozy relationship with declining interest rates,” and in a rising rate environment “evolution will become mandatory,” according to an investor letter from R. G. Niederhoffer.
In a letter titled “CTAs and Rising Interest Rates: Is the…

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The case for managed futures in a bull market http://www.opalesque.com/Futures_Briefing/?p=10018 http://www.opalesque.com/Futures_Briefing/?p=10018#comments Mon, 14 Apr 2014 03:28:01 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10018 As equity markets tanked in 2008, managed futures reigned supreme: the S&P 500 yielded negative returns of 37%, while the Barclay CTA Index was up 14%, and managed futures hedge funds in Morningstar’s database reaped an average return of over 19%.
Over the past few years, the performance has reversed, as equities continue to reach new highs and managed futures…

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Global growth threatened in $693 trillion derivatives review http://www.opalesque.com/Futures_Briefing/?p=10016 http://www.opalesque.com/Futures_Briefing/?p=10016#comments Mon, 14 Apr 2014 03:27:48 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10016 Global regulators’ failure to align efforts to reform the $693 trillion derivatives market threatens to undermine economic growth, according to the International Swaps & Derivatives Association.
Investors are struggling to adapt to regional differences to changes agreed by the Group of 20 nations as the industry meets for its annual conference in Munich today. In the U.S. traders have been…

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Non-banks notch a win in long-running derivatives battle http://www.opalesque.com/Futures_Briefing/?p=10014 http://www.opalesque.com/Futures_Briefing/?p=10014#comments Mon, 14 Apr 2014 03:27:27 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10014 A group of small brokerages and large commodities companies convinced lawmakers to tweak a rule that they say would have made derivatives trading more expensive for them and sent more business to Wall Street banks that already dominate the market.
Companies including INTL FCStone Inc, Nomura Holdings Inc, Cargill Inc and Royal Dutch Shell Plc lobbied a congressional committee to change…

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Commodity funds bounce in Q1 after 2013 losses http://www.opalesque.com/Futures_Briefing/?p=10012 http://www.opalesque.com/Futures_Briefing/?p=10012#comments Mon, 14 Apr 2014 03:27:15 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10012 Commodity funds bounced in the first quarter from a 2013 loss, with the top performers in the Lipper Global Commodity group racking up double-digit returns after rallies in agriculture, natural gas and nickel.
Supply disruptions provided opportunities across the asset class, but fund managers said only a few of these bullish fundamentals would persist into the second quarter and that…

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Systematic Alpha Futures Fund receives managed futures Pinnacle Award Nomination http://www.opalesque.com/Futures_Briefing/?p=10010 http://www.opalesque.com/Futures_Briefing/?p=10010#comments Mon, 14 Apr 2014 03:27:00 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10010 Systematic Alpha Futures Fund, Ltd. (SAFF, Ltd.) was nominated for the Managed Futures Pinnacle Award in the following category: 2013 Best Diversified CTA Less than $500 million AUM. The awards ceremony, hosted by CME Group and BarclayHedge, will honour the top managers in the industry and will be held at the Four Seasons Hotel in Chicago on June 17, 2014.…

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Chicago-based CTA Xenon acquired http://www.opalesque.com/Futures_Briefing/?p=10008 http://www.opalesque.com/Futures_Briefing/?p=10008#comments Mon, 14 Apr 2014 03:26:43 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10008 Manning & Napier has announced that it will acquire the business and operations of 2100 Xenon Group, LLC, an alternative investment manager specializing in managed futures and global macro strategies for institutional and individual clients. The acquisition will enhance Manning & Napier’s alternative capabilities and provide increased product diversification to clients. The transaction is subject to certain regulatory approvals and…

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CTA MSR Investments hires Raymond T. Murphy http://www.opalesque.com/Futures_Briefing/?p=10006 http://www.opalesque.com/Futures_Briefing/?p=10006#comments Mon, 14 Apr 2014 03:26:28 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10006 Raymond T. Murphy has joined MSR Investments LLC, a commodity trading advisor headquartered in Parsippany, N.J. Murphy has more than 28 years of experience developing futures based indices and trading programs. His experience dates back to the 1990s when he designed the Investable Commodity Index, the first investable long only commodity index which pre-dated the Goldman Sachs Commodity Index, and…

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Little eyes Longview for his fleet of funds http://www.opalesque.com/Futures_Briefing/?p=10004 http://www.opalesque.com/Futures_Briefing/?p=10004#comments Mon, 14 Apr 2014 03:26:14 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10004 Jon Little, founder of Northill Capital, is close to pulling off his biggest deal to date, Financial News can reveal, by buying a majority stake in Longview Partners. Northill has also backed a managed futures fund, which it closed down when its performance disappointed. Little said Northill had been happy to keep it going, but its managers wanted to close.…

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Hedge funds attract over US$30 bln in the first quarter http://www.opalesque.com/Futures_Briefing/?p=10002 http://www.opalesque.com/Futures_Briefing/?p=10002#comments Mon, 14 Apr 2014 03:26:02 +0000 shailaja http://www.opalesque.com/Futures_Briefing/?p=10002 Hedge funds sealed the first quarter of the year with another month of negative returns, down 0.18%1 in March as managers navigated through a choppy start to the year. However, strong returns posted by fund managers in the previous month saw them through with the Eurekahedge Hedge Fund Index up 1.05% in Q1 2014, outperforming the MSCI World Index which…

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