Sunday, 21 December 2014
Last updated 1 day ago
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."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.