Saturday, 30 August 2014
Last updated 16 hours ago
Sep 13 2007 | 1:11pm ET
The world’s largest metals hedge fund took a big hit last month, as the previously high-flying commodities sector stumbled. Red Kite Metals fell 20% in August, and is reportedly now down 29% year-to-date.The turnaround for the RK Capital Management fund is dramatic: It was up a whopping 188% last year.
Still, all is not quite lost: The fund was down 29% in January, but managed to recover to essentially flat through July, according to Bloomberg News. In fact, all three of its funds—down a collective 14% last month—were down big in January before breaking even through July.
Meanwhile, Touradji Capital Management’s flagship commodities hedge fund added 2.5% last month. The $2 billion Touradji Global Resources is now up between 21% and 25%, depending on the share class.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...