Posts Tagged ‘Claymore Natural Gas Fund’

Managed Futures ETF: the Alpha Question

June 30, 2011

Chidem Kurdas

The first time I interviewed Tim Pickering almost two years ago, he managed the Claymore Natural Gas Fund trading on the Toronto stock exchange in addition to the Auspice diversified managed futures program. Earlier this month I interviewed him again for Opalesque Futures Intelligence, a publication I edit.

Tim has been busy. He’s developed a third-generation commodity index, the basis of another Claymore ETF on the TMX, and a managed futures index, with a corresponding ETF in the pipeline.   A third-generation commodity index  aims to get the upside of commodity returns while avoiding some of the downside. It’s meant to be a better way to get commodity exposure.  But what does a managed futures index do? I asked Tim that question.  (more…)