Macquarie Launches Commodity Alpha Fund

Sep 27 2007 | 10:23am ET

Macquarie Bank's Funds Management Group, in collaboration with Macquarie's Treasury and Commodities Group, has launched the Macquarie Commodity Alpha Segregated Portfolio. The institutional fund will employ a range of strategies to maximize returns through various commodity derivatives, primarily commodity futures.
 
“The fund offers investors access to a broad range of alpha strategies,” said Sebastian Barrack, executive director in Macquarie’s Treasury and Commodities Group. “These may involve taking both outright long and short positions in commodity futures, trading between different contracts on the same commodity and taking offsetting long and short positions in similar commodities." 

The launch of the Macquarie Commodity Alpha Segregated Portfolio follows the Macquarie Commodities Fund, which launched last August and utilizes the same alpha strategies in order to enhance index performance. The alpha strategies sub fund of the Macquarie Commodities Fund, an unleveraged fund, has generated a cumulative performance of 2.8% since its inception, according to the firm.

Macquarie Funds Management manages over US$50 billion globally for both retail and institutional investors. Macquarie's Treasury and Commodities Group provides specialist strategic and trading advice.


In Depth

Fund Manager's Disease: Common Symptoms and Proposed Remedies

May 3 2016 | 6:11pm ET

The cadre of 25 research analysts at Murano Systems speaks with more than 150 investors...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...