Hedge Funds Edge Back Into Commodities

Oct 8 2012 | 11:48am ET

Hedge funds leapt back into commodities, perhaps sensing that the asset class is bottoming out.

Commodity prices hit a two-month low last month, causing most hedge fund and money managers to shy away, cutting their exposure to commodities for three straight weeks. But that came to an end in the week ended Oct. 2, the Commodity Futures Trading Commission said, as asset managers increased their long bets by 0.2%.

That long exposure to 18 commodity futures and options had dropped by more than 6% over the preceding two weeks.

Gold positions rose by 3% on the week, but not all commodities are so favored by hedgies. Agricultural contracts saw bullish bets fall by 7.1% and oil by 6.5%.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Publisher's Note