Thursday, 30 October 2014
Last updated 1 hour ago
Feb 23 2011 | 6:38am ET
The Louis Dreyfus Group has closed its commodity hedge fund to investors after the fund grew from US$100 million at its launch just over two years ago to US$2 billion today.
The Commodities Alpha Fund enjoyed a 17.3% return last year, well ahead of both the average hedge fund and the average commodities hedge fund. The fund, which launched in November 2008, invests primarily in agricultural commodities, Bloomberg News reports.
The commodities fund is managed by Ian McIntosh, a Geneva, Switzerland-based trader who has been with Louis Dreyfus for more than 25 years.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.