Hedge Funds Cut Commodities Bets

Sep 25 2012 | 12:34pm ET

Hedge funds trimmed their commodities exposure for the first time this month as prices dropped for the first time since September and bad news flowed from China and Europe.

Hedge funds and other money managers cut their net-long bets on 18 U.S. commodity futures and options by 1.7% in the week ended Sept. 18, the Commodity Futures Trading Commission said. The drop followed two straight weeks of increased exposure that sent hedge fund holdings to a 16-month high.

Much of the decline can be attributed to a 7.3% drop in bets on U.S. agricultural commodities, as soybean, cocoa and corn prices fell last week. By contrast, bullish bets on crude oil rose 5.6% and on gold 7.7%.

The moves came amidst word that Chinese manufacturing faces and 11th-straight month of contraction and euro-zone services and output fell to a 39-month low.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.