Red Kite Funds Up Double-Digits

Nov 15 2013 | 12:45pm ET

Most commodities hedge funds are taking it on the chin this year, some to a fatal extent. RK Capital Management's have avoided the sector swoon.

The London-based firm's Red Kite Metals Fund is up 33% through September, Reuters reports. Its Prospect I Fund is up 17%, and its largest fund, Compass, is up 13%. The funds, which focus on metals, have posted double-digit returns in each of the past two years.

RK has $2.3 billion in assets.


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