Armajaro Commodities fund was hurt by exposure in the energy markets in July, leading to a 1 percent drop in value on the month, according to an investor letter reviewed by ValueWalk. The fund is now down 1.37 percent year to date. Armajaro: Oil prices lost ground due to ISIS Oil prices lost ground in July due largely to the anticipated return of Libyan output and the stalling of ISIS’s advance across Iraq, as the energy complex has seen less volatility than some are anticipating given the potential for international conflict in the region. Prices even found ballast even amidst…
Armajaro Hit By Energy Exposure In July, Likes Alternative Metals
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.