New Alternative To Find New Blood

摘要

PFGBEST.com has launched Peregrine Asset Management Inc., a strategic asset management initiative that will offer futures-based alternative investments at lower minimum investment levels than typical managed account programs. Neil Aslin has been named president of the new venture, which will seek emerging commodity trading advisors (CTAs) and create commodity pools to offer numerous CTAs strategies in one structure. Aslin says the program began in 2005 and the new structure formalizes their goal of creating sustainable investments for retail traders. Everyone has heard the surveys that show somewhere around 90% of all futures accounts bust out. PFG has attempted to improve the odds for retail traders by developing relationships with emerging CTAs and offering them in a pooled vehicle.