Millennium Vet To Launch Commodity Fund In Jan.

A former Millennium Capital Partners commodity fund manager will launch his own commodity hedge fund in the New Year.

The AN Commodity Fund is the brainchild of Tan Tien Leong, who worked at Millennium in London for two years. The new Singapore-based fund will invest in exchange-traded derivatives, with 30% of the fund in energy, 30% in agriculture and 25% in precious metals.