Tuesday, 24 November 2015
Last updated 6 min ago
Apr 9 2013 | 10:08am ET
Hedge funds pulled back from the commodities markets at the end of last month, cutting their positions by more than in any week since the financial crisis.
Net-long positions on 18 U.S. futures and options fell 31% in the week ended April 2, the Commodity Futures Trading Commission said. That is the largest one-week drop since October 2008.
Investors took bearish positions in silver to match those in copper and sugar, while corn futures holdings fell the most in almost three years, causing the largest-ever drop in agricultural holdings. Copper shorts stood at their highest level since 2006, and speculative bets on 11 agricultural products fell 67%, the biggest drop since 2006.
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…