Thursday, 21 August 2014
Last updated 2 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."
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note