Sun, Aug 2, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Soft commodities catch the eye of investors in South Africa

Friday, December 21, 2012

Bailey McCann, Opalesque New York: Uys Meyer was one of the first short sellers in South Africa. He started shorting stocks in the country in the late 1990s and has sense become one of the leaders in this field. Now he’s moved into new product creation – building a first-of-its-type product in the South African market. He recently spoke about this product and his strategy in an Opalesque TV interview with Matthias Knab.

Meyer’s current firm BlueAlpha, recently launched the Polar Star Commodity Fund, which focuses on soft commodities. It is a non-directional fund focused on arbitrages in soft commodities across different exchanges.

"Most of these self-commodity products are produced in multiple of regions and have very same basic similarities, the supply and demand characteristics are quite different in all the regions and allows at times for big price variances that occurs from time-to-time," Meyer says. By using long range data Meyer is able to discover profitable pricing differences.

He explains that the pure supply and demand drivers of commodity prices will create lasting opportunities in this space. So far, Meyer has roughly $100m invested in the fund. "One of the things that we've been very cognizant about is the profile of the investors we've grown into the fund, and we are very deliberate in trying not to have an over-exposure to institutional investors - s......................

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: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

  5. Cargill’s Black River Asset to shut down four hedge funds[more]

    Komfie Manalo, Opalesque Asia: Cargill Inc.’s $7.4 billion Black River Asset Management said it was closing four hedge funds with a combined $ 1 billion in assets and start returning investors money over the next several months, various media said. The hedge funds represent 15% of Black River’

 

banner