Red Kite Metals Fund Up Over 40%

Jan 2 2014 | 1:23pm ET

Last year was a brutal one for commodities—and commodities hedge funds, which saw big declines and a large number of casualties in 2013. RK Capital Management had a significantly different 12 months.

The London-based firm's physical metals fund soared more than 40% last year, The Telegraph reports. Two of the firm's other Red Kite hedge funds returns about 15% apiece.

The gains give RK three straight years of double-digit returns.

RK founder Michael Farmer told the Telegraph that he did not share the "general disillusionment" with commodities.

"The base metals markets are fundamentally underinvested," he said. "There has been a focus on equities, Treasuries, bonds and other markets and a general withdrawal from commodity funds in the past couple of years."

Farmer added that he expects a commodities surplus this year, but "from 2016 onwards deficits can be expected."


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Scene Last Night: Clinton, Schwarzman, Corzine, Neidich, Diamond

Nov 25 2014 | 5:52pm ET

Steve Schwarzman had a granddaughter yesterday morning. Last night he sat one table...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.