Saturday, 23 August 2014
Last updated 15 hours ago
Jun 10 2008 | 11:09am ET
Portland, Ore.-based JE Moody & Co. is soft closing its $203 million JEM Commodity Relative Value Program, which celebrated its second anniversary last month and is up an estimated 7.54% year-to-date.
“Due to recent capital inflows, we have decided to soft close the JEM CRV Program while we work on adding new markets/models and continue our research on execution/liquidity/capacity and risk management,” according to the firm. “We think it's prudent to take a conservative approach, and to pause in accepting new investments for now.”
JEM CRV is a statistical arbitrage commodity strategy. It employs systematic strategies to detect and exploit distortions and shifts in relative price between related instruments in the energy, metal, grain, livestock and food and fiber markets, while maintaining market or sector neutrality.
JE Moody was founded by John Moody, who previously consulted for the Defense Intelligence Agency, Dept. of Energy and financial institutions.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note