Thu, Jun 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

CTA and CPO survey from Horizon in wake of MF Global and PFG liquidations

Wednesday, October 31, 2012
Opalesque Industry Update - Horizon Cash Management said it will distribute a survey to commodity trading advisors (CTAs) and commodity pool operators (CPOs) designed to document the impact of the MF Global and Peregrine Financial Group (PFG) liquidations on the managed futures industry and its investors. The survey will go out October 31, marking the one-year anniversary of the MF Global meltdown.

Diane Mix Birnberg, Horizon Founder and Chairman, said, “I have witnessed ten bankruptcies of futures commission merchants (FCMs) in my 30-year career. Nothing, however, came close to the magnitude of the implosion created by MF Global and the additional damage caused by the PFG meltdown, a mere nine months later.”

Horizon said the survey will seek answers to important questions including:

  • How have CTAs and CPOs been impacted by these events?
  • What do CTAs and CPOs require in order to restore trust in their own businesses and with customers in the futures industry?
  • What regulations, rules, procedures and safeguards are needed to restore faith in customer fund segregation and the CTAs’ and CPOs’ ability to continue trading in times of severe market disruptions?

The survey, which aims to capture both quantitative and qualitative information, will be distributed to the entire universe of CTAs and CPOs globally in order to ensure a wide statistic base. All responses will remain anonymous. The Executive Summary will be distributed to regulators, government oversight authorities, futures exchanges, FCMs and the media worldwide in early 2013.

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.