Raymond T. Murphy   > rmurphy@rtmanalytics.com <

Ray has over 40 years of commodity trading and index development experience, starting out as a floor trader on the floor of the NY Board of Trade in 1985.  

His experience includes serving as a Managing Director at MSR Investments, a CTA that developed advanced analytics for hedge fund research and risk parity investment structures.  

Prior to that he was a discretionary trader at Graham Capital Management, a $20b hedge fund in Rowayton, CT where he was responsible for managing over $500m in his proprietary commodity, equity index, and fixed income strategies.

In 2001 he independently designed and licensed to S&P what became the S&P Commodity Indices.  In 1995 he was the primary consultant hired by the New York Board of Trade to re-design the CRB Index, the world’s oldest and most well-known commodity index benchmark.  In 1990 he designed the Investable Commodity Index (ICI), the first investable total return commodity index.

Ray has consulted to several large institutional clients on the benefits of commodity-based investments and trading strategies.  Additionally, he has spoken at conferences and academic gatherings on commodity and alternative investments and their effective use as diversifiers in well-structured portfolios. 

Ray graduated from Fairfield University with a BS in Finance.  He holds a Series 3 license with the National Futures Association.