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Altegris Announces Launch Of The CTA Challenge 2013

Stocks in this article: GNW

LA JOLLA, Calif., Nov. 12, 2012 /PRNewswire/ -- Altegris Clearing Solutions ( www.managedfutures.com), has announced the inaugural Altegris CTA Challenge, a competition for professional managed futures managers.

(Logo:  http://photos.prnewswire.com/prnh/20100301/NY61876LOGO )

Altegris Clearing Solutions, part of the Altegris Group of Companies, is a premier gateway to managed accounts for both professional investors and service providers in managed futures.

"Altegris Clearing Solutions is focused on providing access to the industry's highest-quality managers available in managed account format, consistent with the overall Altegris mission of finding best of breed alternative investments," said Jon Sundt, President and CEO of Altegris. "The CTA Challenge is an extension of that effort, giving us the opportunity to find and highlight exceptional managers who demonstrate real, sustainable talent.  It will also provide managers with a platform to measure their performance and benchmark the effectiveness of their strategies, while showcasing their talent to potential investors."

Lead sponsors for the competition include R.J. O'Brien, the largest independent futures brokerage in the U.S., and Investor Analytics, a leading provider of meaningful and accurate risk reporting analytical services.

The Challenge is open to all qualified CTA's and is seeking entries from both undiscovered talent and established managers.  Registration for the Altegris CTA Challenge 2013 opened November and will close on December 10, 2012. The winner will be announced in early 2014 and will be selected based on both quantitative and qualitative scoring including both daily total risk adjusted returns and position based analysis over the course of the Challenge. For more information about the Altegris CTA Challenge 2013, visit www.CTAChallenge.com

For more information about Altegris, please contact Jami Schlicher at 973-850-7309 or jschlicher@jcprinc.com, or Andrea Trachtenberg at 800-828-5225 or atrachtenberg@altegris.com.

About Altegris Clearing SolutionsAltegris Clearing Solutions, a registered introducing broker and CTA, and NFA member, introduces customer accounts to futures commission merchants, recommends a platform of futures trading programs and provides futures consulting services. Altegris Clearing Solutions and its affiliates (the Altegris Companies) are wholly owned subsidiaries of Genworth Financial, Inc. (NYSE: GNW) and are affiliated with Genworth Financial Wealth Management, Inc.

Contact: Jami SchlicherJCPR973-850-7309 jschlicher@jcprinc.com

SOURCE Altegris Clearing Solutions

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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