Wed, Feb 10, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investors turn to commodities for non-correlated returns

Tuesday, December 11, 2012

amb
St. John Bungey
By Beverly Chandler, Opalesque London:

Participants at the 2012 Opalesque South Africa Roundtable, sponsored by IDS and Eurex in Cape Town, heard of new local demand for commodity funds.

St. John Bungey, Chief Investment Officer of Blue Ink Investments reported that their firm had just launched a commodity fund of hedge funds, based on all the commodity holdings they have had across their multi-strategy portfolios for the last three years. "The reason we launched it was in response to increased demand for a differentiated, more aggressive product" he said.

"Unlike the rest of the world, the South African hedge fund industry jumped the stage of being seeded by individuals and family offices and it went institutional within a year or 18 months of its birth. As a result, from early on, funds of hedge funds were offering low volatility and very institutionally-focused multi-strategy products".

Now Bungey reports that there seems to be some reversion to the origins of hedge funds. "Private investors are re-emerging and seeding strategies. They are not that interested in the cash plus mandates favored by institutions. They want the possibility of a 40% one-year return and they don't mind losing 10% on the path to achi......................

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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time