Thu, Mar 30, 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: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less