Moore Vet's New Fund Up 20% In 2008

Apr 18 2008 | 2:23am ET

Clive Capital, the young London-based commodities hedge fund, is up more than 20% this year as soaring commodities prices pay off.

The $1.3 billion firm, founded by Chris Levett after he left Moore Capital Management in July, returned 17.6% in the first quarter, Bloomberg News reports. The fund hasn’t slowed down this month: It was up 3.5% through last Friday.

Clive’s strong start to 2007 continues Levett’s run of success in commodities investing. The Moore commodities fund he ran returned 39%, 47% and 31% in 2004, 2005 and 2006, respectively, as well as 11% in the first seven months of last year, before Levett’s departure from Moore.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...