Commodities Hedge Funds Down 0.8% In Q1

May 8 2013 | 8:48am ET

Commodities hedge funds are already on their back foot after two years of losses.

The average commodities fund lost 0.8% in the first quarter, according to the Newedge Commodity Trading Index. The same benchmark, which averaged double-digit returns before the financial crisis, lost 1.4% in 2011 and 3.7% last year.

"We are witnessing the implosion of a large chunk of the commodities hedge fund industry," the CEO of a commodities trading house told the Financial Times. "The sector is, on average, performing badly and investors are taking notice."


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...