Fri, Jul 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Commodities maintain bull run on ECB stimulus

Thursday, September 20, 2012

amb
Mario Draghi
From Komfie Manalo, Opalesque Asia:

The commodity markets maintained their bull run in August on the announcement by the European Central Bank (ECB) that it would intervene in the secondary market for Spanish and Italian government bonds, Tiberius Asset Management, a Swiss commodity fund manager, says in its latest market commentary.

Data collected by Tiberius showed that the Dow Jones UBS index gained +1.3%, while those indices with a higher weighting in energies, such as the S & P Goldman Sachs Commodity Index and the Rogers International Commodity Index, were able to advance by as much as 6.4% and 4.8%, respectively during last month.

The report said, "The rally in industrial commodities was in line with the bull trend on global equity markets, whereby stock markets in Europe, which had been hard-hit by the euro crisis, were particularly buoyant in August. Thus, the Spanish IBEX and Italian MIBTEL stock-market indices were able to rally by more than 30% from the troughs they had hit in early August. The gains on the Asian equity markets, on the other hand, were relatively subdued. Japan's Nikkei 255, for example, rose by just over 2%."

The commodities market has been performing positively for the past few months. In July, commodity hedge funds gained positive results despite weaker macroeconomic prospects and were buoyed by the worst drought in the U.S. in......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.