Clive Soars 11% In September, Erases '11 Loss

Oct 13 2011 | 12:13pm ET

Clive Capital is back in the black after posting huge gains in September.

The US$4 billion commodity specialist soared 11.4% last month, wiping out what had been an 11% year-to-date loss through August, Bloomberg News reports. It is not clear what drove the firm's turnaround.

London-based Clive has been in the red since May. The fund lost almost 9% during that month's first week as oil prices hit the skids, ending the month down 4.2% on the year. Clive lost a further 8% in June.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...