Saturday, 22 November 2014
Last updated 17 hours ago
Dec 19 2012 | 11:28am ET
This year has been one to forget for commodities hedge funds—unless you happen to be a hedge fund within a major commodities firm.
The average commodities hedge fund is headed for its worst year in a decade, down 3%; among the losers this year are Clive Capital and Krom River Trading. But hedge funds owned by the likes of Cargill, Louis Dreyfus and Trafigura are doing just fine, thank you.
Cargill's Black River Asset Management has posted a 9.2% return at its Commodity Trading Fund, Reuters reports. Louis Dreyfus' Commodities Alpha Fund is up 7%—a levered version is up more than twice as much—while Trafigura's Galena Asset Management has returned 3.65% at its energy fund.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...