Clive Up 6.6% On Agriculture Sector

Oct 8 2010 | 12:06pm ET

Commodity hedge fund Clive Capital roared back into the black in September thanks to agricultural products.

The US$4 billion London-based firm' Clive Fund returned 6.6% last month, bringing its year-to-date return to 1.7%. September's rise was the fund's best since May 2009, Bloomberg News reports.

"The agriculture sector was the best performer with strong profits in corn, cotton, soybeans and the oilseeds and vegetable oil complex," the firm said in its report. "The fund was profitable in precious metals on the back of our length in gold, platinum and palladium."


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