About Bruce C. Kramer Expertise I can answer all questions related to commodity and futures trading, including technical analysis and indicators, trading systems, trading as a business, options, spreads, etc.
Experience 4 yrs. as consultant to trust investment dept.
15 yrs. plus as full time professional trader Managing Partner of BARKI,LLC, a private trading and consulting company (http://www.simultimeonline.com)
Publications Technical Analysis of Stocks and Commodities
Education/Credentials B.S. - Statistics
MBA - Finance
I'm trying to find a managed futues program to diversify my portfolio. I don't feel comfortable investing more than 10% (approx $50K) and I know that limits my options. To limit my risk I'd like a diversified program (grains, meats, metals, currencies, index, interest rates, energy . . . ). I'm also looking for an established firm and tenured manager with average to low fees.
Can you reccommend a manager or other resources? Any advice would be appreciated.
Thanks,
John Cushenbery
Answer Hi John:
Futures Magazine has listings of most of the programs along with historical returns, contacts, etc. You can also use any search engine to find info.
I can't personally recommend any one firm as I have never used one. The programs run by Paul Tudor Jones and John Henry are well known but I don't know what their minimums are.
The fees are generally 20% of profits and 1%-3% administrative.
Most funds blindly use a trend following approach for all markets, hoping if they can catch a trend in a couple it will make up for the losses in the rest. This is why I'm not a proponent of the industry.
Good luck and let me know if I can be of further help.