Clive Capital Posts Strong Year In October

Nov 18 2010 | 11:36am ET

Clive Capital has had a pretty pedestrian year—until last month, anyway.

The London-based firm’s $4 billion flagship commodities hedge fund soared 8.3% in October, Bloomberg News reports. That’s about three times as much as it had returned through the first nine months of the year.

With October’s jump, the Clive Fund is up almost 11% in 2010. By contrast, the average commodity hedge fund is actually down more than 3% on the year, according to Hedge Fund Research.

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