May 9th, 2012

Managed Futures – Ryo Ishiyama, a former Deutsche Securities Inc. banker, plans to start a hedge fund investing in global commodities futures as early as July using a strategy he employed on his own personal investments.

The hedge fund will employ a so-called CTA strategy that uses computer systems to invest in exchange-traded futures around the world, said Ishiyama, 32, who set up Tokyo-based Steinberg Capital Co. in October 2011. The fund will have 300 million yen ($3.8 million) initially, 200 million yen of which is Ishiyama’s own money. He plans to raise the fund’s maximum capacity of 1 billion yen in about a year, he said.

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May 9th, 2012

Crude oil fell for a sixth day, the longest stretch of declines in almost two years, after U.S. crude supplies climbed and as Greece struggled to form a government, bolstering concern that Europe’s debt crisis will spread.

Crude oil futures declined as much as 1.5 percent after the American Petroleum Institute said late yesterday that stockpiles rose 7.8 million barrels last week to 378 million, the most since August 1990. A government report today may show supplies rose 2 million barrels, according to a Bloomberg survey. Equities fell and the euro weakened after weekend elections in Greece.

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