Tuesday, 13 October 2015
Last updated 33 min ago
Mar 20 2008 | 11:54am ET
U.K.-based asset management firm London & Capital is making a push into the commodities market with its latest offering. The firm has launched the Agricultural Commodities fund, a futures-based vehicle, to take advantage of increasing global demands for alternative energy and agricultural foods.
The fund will invest in seven key commodities: corn, soy beans, wheat, cotton, coffee, sugar and cocoa, via in futures contracts of commodity indices.
Stephen Westwood, director of investment funds at London & Capital, said that while other futures funds buy and sell futures contracts before they expire, “the process this fund uses looks at the futures market and decides which is the optimum future to buy, over a period of up to 13 months.”
The fund charges a minimum investment of £60,000 (US$120,000) and a management fee of 0.5%.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…