Commodity Hedge Fund Assets Fall

Oct 21 2013 | 1:34pm ET

Commodity hedge funds took a big hit in the third quarter, as poor performance and investor redemptions hammered the sector.

Commodity managers lost $1.6 billion in assets on the quarter, cutting their total by some 5.6%, according to Hedge Fund Research. All told, the sector now manages $26.5 billion.

Such funds have been burned by low volatility—due in no small part to central-bank quantitative-easing programs—and falling commodity prices. In addition, two of the largest funds in the second, Arbalet Capital and Clive Capital, announced that they would close their doors and return money to investors in September.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of