Commodities Fund Gains 20% In February

Mar 13 2008 | 2:00am ET

U.K.-based Beach Horizon is having its best ever start to a year. The commodity trading adviser’s US$77 million Beach Horizon Fund finished February up 20%, and is up 31.6% year-to-date.

The fund made its gains in the commodities market, specifically in the metals and grains sectors, according to partner Paul Netherwood.

“The program has a relatively high allocation to commodities,” Netherwood said. “It was designed to at least keep pace with peer programs in a financially dominated market move but out-perform in times of trending commodity markets. Over the last three months we have seen such a time, especially in the grain and precious metal markets.”

According to Netherwood, the combination of long positions in palladium, which is used in the production of jewelry and is in high demand in China, and wheat has helped boost the fund’s performance.

“Our long positions in wheat benefited from the recent bad weather in China, along with a moderate drought in Western Kansas and the Oklahoma panhandle,” he said.

The Beach Horizon Fund charges a 2% management fee and a 20% incentive fee with a $5 million minimum investment for managed accounts and $100,000 for the fund.


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.