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Altegris Launches Dedicated Clearing Business For Managed Futures

February 09, 2011

Altegris Clearing Solutions provides a gateway to managed account services.

LA JOLLA, CA - The Altegris Companies, providers of premier alternative investments, are pleased to announce the launch of its dedicated clearing business, Altegris Clearing Solutions, LLC (ACS). This new company provides clients with access to clearing and execution services across multiple merchants in the managed futures industry.

"Altegris Clearing Solutions reflects our commitment to serving as a single point of contact within the managed futures industry for managed account clients," said Jon Sundt, President and CEO of Altegris. "In essence, we act as your gateway and advocate for access to managed futures trading programs, CTA research, as well as serving as an independent broker for all your clearing needs."

Altegris Clearing Solutions, a futures introducing broker, directly serves a wide range of clientele, including institutional and high net worth investors, family offices, commodity pool operators, hedge funds and mutual funds. It connects clients with multiple banks and other futures commission merchants (FCMs) to facilitate key middle-office needs. Altegris Clearing Solutions provides access to:

• The Altegris platform of managed account futures programs;
• Customized trade execution services and electronic platforms.
• The Altegris Research and Investments team;
• The Altegris database of manager performance, www.managedfutures.com;

"Altegris Clearing Solutions meets the increased demand for premium services, particularly among professional managed futures investors, such as the ability to maintain relationships with multiple FCMs. This enables our client base to diversify their assets across several firms and gain more competitive pricing," said Maxwell Eagye, Director of Altegris Clearing Solutions. "Our independence, combined with deep roots in managed futures, allows us to customize services from leading industry providers, while acting as the single point of contact for the unique needs of our clients."

About The Altegris Group of Companies

The Altegris Companies‡, wholly owned by Genworth Financial, Inc. (NYSE: GNW), include Altegris Investments, Altegris Advisors, Altegris Funds, and Altegris Clearing Solutions. Altegris currently has approximately $2.1 billion in client assets, and provides clearing services to $800 million in institutional client assets.

Altegris has one core mission-to find the best alternative investments for our clients. Altegris offers what we believe are straightforward and efficient solutions for financial professionals and individual investors seeking to improve portfolio diversification with historically low correlated investments.

With one of the leading Research and Investment Groups focused solely on alternative investments, Altegris follows a disciplined process for identifying, evaluating, selecting, and monitoring investment talent across the spectrum of hedge funds, managed futures funds, and other alternative investments.

Please contact Amiee Watts at (973) 784-0025 or amiee@jcprinc.com, or Andrea Trachtenberg at (800) 828-5225 or atrachtenberg@altegris.com, for more information.

‡ The Altegris Companies, referred to generally as "Altegris", includes: (1) Altegris Advisors, LLC, an SEC-registered investment adviser; (2) Altegris Investments, Inc., an SEC-registered broker-dealer; (3) Altegris Portfolio Management, Inc. (dba Altegris Funds), a CFTC-registered commodity pool operator and California registered investment adviser; (4) Altegris Clearing Solutions, LLC, a registered introducing broker and CTA; and (5) Altegris LLC (the parent holding company).

Source: http://www.1888pressrelease.com/altegris-launches-dedicated-clearing-business-for-managed-fu-pr-277414.html
 
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