Taylor Woods, Brevan Howard Commods. Fund Jump In Aug.

Sep 20 2012 | 11:24am ET

A pair of high-profile commodity hedge funds continued their strong run last month.

Taylor Woods Capital Management, helmed by former Credit Suisse star trader George Taylor, jumped 6.3% last month, Bloomberg News reports. Brevan Howard Capital Management's Commodities Strategies Master Fund didn't do too badly, either, rising 4%.

For Taylor Woods, the rally, on the back of surging oil, gold and grain prices, could not have come at a better time, erasing its year-to-date loss and leaving the fund up 3.3% on the year. Taylor said that he remains bullish on oil, but has cut the fund's positions to hedge against a possible release from U.S. strategic reserves before the presidential election.

"While rumors of a reserve release have persisted since the spring, rising prices, likely additional monetary easing and political considerations make a release over the next four weeks more likely than last quarter," Taylor said.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of