Thursday, 25 December 2014
Last updated 18 hours ago
Dec 17 2010 | 12:45am ET
New York-based commodity hedge fund Jamison Capital Partners has more than tripled its assets under management since its debut a year-and-a-half ago.
The firm's Koppenberg Macro Commodity Fund managed $490 million at the beginning of the month, Bloomberg News reports. The fund launched in June of last year with US$150 million.
Jamison was founded by former Morgan Stanley managing director Stephen Jamison. It lost 7.6% last year, but is up 18.5% this year, it told investors.
Koppenberg added 1.4% last month.
Jamison said it expects 2010's fortunes to spill into next year, telling investors that "the fundamental outlook in crude oil continues to improve."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.