Protea Capital Management’s Post

Our latest newsletter will be released soon! If you want to keep up to date with the latest developments at Protea Capital Management and get more insight into our thinking, follow the link to our website and subscribe: https://lnkd.in/dQ9wRjKe #Protea #Newsletter #Update

Our latest newsletter will be released soon! If you want to keep up to date with the latest developments at Protea Capital Management and get more insight into our thinking, follow the link to our website and subscribe: https://lnkd.in/dQ9wRjKe #Protea #Newsletter #Update

Our latest newsletter will be released soon! If you want to keep up to date with the latest developments at Protea Capital Management and get more insight into our thinking, follow the link to our website and subscribe: https://lnkd.in/dQ9wRjKe #Protea #Newsletter #Update

Our latest newsletter will be released soon! If you want to keep up to date with the latest developments at Protea Capital Management and get more insight into our thinking, follow the link to our website and subscribe: https://lnkd.in/dQ9wRjKe #Protea #Newsletter #Update

Long-Term Asset Funds are increasingly popular and fast becoming an essential structure. In our latest webinar, three industry experts, Jeremy Soutter from Carne Group, Lora Froud from Macfarlanes, and Katie Bowmar from WTW drill down into the five key success factors when bringing an LTAF to market. Read the key five success factors: https://lnkd.in/eQm3jhZu Full webinar recording available here: https://lnkd.in/eA2aG3eX #Carnewebinar #privatemarkets #LTAF 

Long-Term Asset Funds are increasingly popular and fast becoming an essential structure. In our latest webinar, three industry experts, Jeremy Soutter from Carne Group, Lora Froud from Macfarlanes, and Katie Bowmar from WTW drill down into the five key success factors when bringing an LTAF to market. Read the key five success factors: https://lnkd.in/eQm3jhZu Full webinar recording available here: https://lnkd.in/eA2aG3eX #Carnewebinar #privatemarkets #LTAF

𝗟𝗶𝘀𝘁𝗶𝗻𝗴 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟯: • 𝗖𝗮𝗹𝗮𝗺𝗼𝘀 𝗡𝗮𝘀𝗱𝗮𝗾-𝟭𝟬𝟬® 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗔𝗹𝘁 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗘𝗧𝗙™ - 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 (#𝗖𝗣𝗡𝗦) • 𝗖𝗮𝗹𝗮𝗺𝗼𝘀 𝗦&𝗣 𝟱𝟬𝟬® 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗔𝗹𝘁 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗘𝗧𝗙™ - 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 (#𝗖𝗣𝗦𝗧) “Throughout the recent drawdown, Calamos Structured Protection ETFs performed as designed – minimizing volatility and protecting investor capital,” said John Koudounis, President & CEO of Calamos Investments. Why risk it? Learn more about the new Calamos Structured Protection ETFs offering 100% downside protection over one-year outcome periods to the S&P 500® and Nasdaq-100®. Full press release: https://okt.to/F9EIC3

𝗟𝗶𝘀𝘁𝗶𝗻𝗴 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟯: • 𝗖𝗮𝗹𝗮𝗺𝗼𝘀 𝗡𝗮𝘀𝗱𝗮𝗾-𝟭𝟬𝟬® 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗔𝗹𝘁 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗘𝗧𝗙™ - 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 (#𝗖𝗣𝗡𝗦) • 𝗖𝗮𝗹𝗮𝗺𝗼𝘀 𝗦&𝗣 𝟱𝟬𝟬® 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗔𝗹𝘁 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗘𝗧𝗙™ - 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 (#𝗖𝗣𝗦𝗧) “Throughout the recent drawdown, Calamos Structured Protection ETFs performed as designed – minimizing volatility and protecting investor capital,” said John Koudounis, President & CEO of Calamos Investments. Why risk it? Learn more about the new Calamos Structured Protection ETFs offering 100% downside protection over one-year outcome periods to the S&P 500® and Nasdaq-100®. Full press release: https://okt.to/tmpS0V

𝗟𝗶𝘀𝘁𝗶𝗻𝗴 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟯: • 𝗖𝗮𝗹𝗮𝗺𝗼𝘀 𝗡𝗮𝘀𝗱𝗮𝗾-𝟭𝟬𝟬® 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗔𝗹𝘁 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗘𝗧𝗙™ - 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 (#𝗖𝗣𝗡𝗦) • 𝗖𝗮𝗹𝗮𝗺𝗼𝘀 𝗦&𝗣 𝟱𝟬𝟬® 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗔𝗹𝘁 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗘𝗧𝗙™ - 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 (#𝗖𝗣𝗦𝗧) “Throughout the recent drawdown, Calamos Structured Protection ETFs performed as designed – minimizing volatility and protecting investor capital,” said John Koudounis, President & CEO of Calamos Investments. Why risk it? Learn more about the new Calamos Structured Protection ETFs offering 100% downside protection over one-year outcome periods to the S&P 500® and Nasdaq-100®. Full press release: https://okt.to/YB0s6X

There are so many things said in this Webinar that I fundamentally agree with : (1) commodity supercycle is a capex supercycle; (2) LNG on water needs to be settled physically; (3) For the golden age of LNG we need deep forward markets; (4) LNG will be priced more spot rather than term basis. What is reality? (1) In LNG we are in the midst of this capex supercycle but production in 2024 had nothing to show for it. We only managed 0.2% "growth" so far this year Ira Joseph; (2) Nobody would have any qualms if Europe allows TTF to be hyper speculative - open interest on TTF is 17 times the underlying deliverable Seb Kennedy - but I believe developing countries all have big problems with regional gas hub price influencing price of LNG on water. Without the physical dimension, one can benefit on the up but do not suffer on the way down; (4) Big producers pushing the oil indexed term contracts but I do see how the business model of national gas/power utility under-writing the SPAs for baseload power generation can grow leaps and bounds in developing countries. Vietnam has put a cap on maximum tariff of 10 cents/kwh whilst the national market makers in Pakistan/Bangladesh/Thailand/India have lost lots of money importing LNG to replace domestic gas, the ability to subsidise LNG is not unlimited. I really salute Abaxx Commodity Futures Exchange and Clearinghouse at what it has accomplished so far, maybe we can build a storage hub in our part of the world which can act as buyer of last resort for LNG on water? Huge undertaking but very worthwhile.