Hedge Funds Shy Away From Commodities

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.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Is Steven Cohen Going to Buy the Brooklyn Nets?

Jan 19 2015 | 6:49am ET

Rumors that Steve Cohen was interested in the Brooklyn Nets emerged after Scott...

Guest Contributor

Investors Benefit From Evolution Of Fund Of Hedge Funds Model

Jan 22 2015 | 12:27pm ET

The evolution of the fund of hedge funds model over the last few years represents...

 

Editor's Note