AlphaMetrix admits cash flow issues

October 10, 2013 03:00 PM
Fires CFO, brings in accounting firm

AlphaMetrix President and CEO Aleks Kins sent a letter to its pool participants today notifying them of  "significant cash flow issues" within the parent company that will delay fee rebates to third party money managers and participants of its pool. Further, the CPO has not paid management or incentive fees to third party managers. For a copy of the letter. 

AlphaMetrix terminates CFO as cash shortfall hits commodity fund

About the Author

In her many years covering the futures industry Ginger has interviewed some of today's best global hedge fund and commodity trading advisors. Ginger received a master's degree in journalism at Northwestern University's Medill School of Journalism and a bachelor’s in communication arts from the University of Wisconsin – Madison