Friday, 19 December 2014
Last updated 14 hours ago
Jun 10 2011 | 12:03pm ET
Duet Group's hot hand continued into the first week of June. The London-based firm's year-old Commodities Fund is up 2.9% this month already, building on a 20% return through May.
The fund, which manages less than $100 million, is now up 23% on the year, Bloomberg News reports.
"This month we have made the vast majority of returns in the platinum group of metals and energy," Tony Hall, chief investment officer, said. After last month's volatility, Hall, formerly of Credit Suisse-Glencore, added, "with prices now more in line with near-term fundamentals and price targets, we believe that the risk-reward increasingly favors being long commodities."
The Duet fund remains open to new investment and is actively seeking additional capital.
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.