Wednesday, 25 November 2015
Last updated 9 min ago
Jan 28 2013 | 1:05pm ET
Hedge funds and other speculators are bullish on commodities as prices keep rising and as the Standard & Poor's 500 Index topped the 1,500 level for the first time since the financial crisis.
Such investors boosted their positions in 18 U.S. futures and options by 11% in the week ended Jan. 22. It is the largest increase in net-long bets in six months, the Commodity Futures Trading Commission said, and comes at the end of seven straight weeks of gains for U.S. commodity prices.
Net-long positions in cotton hit a nearly two-year high that week and those on crude oil reached a four-month high. Bullish bets on soybeans jumped by more than they had in the previous 10 months, and those on gold by the most since Nov. 27.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…