Fri, Feb 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Commodity markets and funds enjoy the third quarter

Thursday, October 25, 2012

From Komfie Manalo, Opalesque Asia:

Swiss commodity fund manager Tiberius Asset Management, said in its latest monthly commentary that the commodity market ended the third quarter mostly on positive territory with all major commodity indices posting gains during the period.

It said that the broadly diversified Dow Jones UBS Commodity Index gained +2.40%, outpacing the Rogers International Commodity Index (+1.35%) and the S & P Goldman Sachs Commodity Index (-0.23%). The slightly weaker performance of the latter two indices was mainly due to their higher weighting of crude oil, which proved to be one of September’s underperformers with -2.9% (WTI) and -0.4% (Brent), Tiberius reported.

Separately, Swiss Asia Capital (Singapore) Pte Ltd., Managing Director and Chief Investment Officer Juerg Kiener, reported that commodities funds were up 10% in September. He added that commodity performance was led by precious and industrial metals, while the energy complex posted negative returns, as the accelerating collapse in European demand has the potential to more than offset new demand growth in China and the US. Inflationary expectations have heightened, and were accompanied by a weaker US Dollar. This recent round of QE further exacerbates an environment of 'currency wars’, which ultimately benefits real assets, particularly those in short supply" (See Opalesque Exclusive: ......................

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. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways