Sun, Jan 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Drury Capital gains 8.13% in April (+14.39% YTD), defies commodities market sell-off

Wednesday, May 15, 2013

amb
Bill Miller
From Komfie Manalo, Opalesque Asia – Drury Capital defied the commodities market sell-off in April after its Diversified Trend-Following Program gained 8.13% last month (+14.39% YTD). This strong performance comes at a time when many commodities hedge funds are struggling to make gains.

Drury’s Commodity Investment Strategy is featured in our A-Square Database which can be found here.

Bill Miller, Head of Global Sales for Drury commented," We are cautiously optimistic that the tide is turning. CTAs can be long or short and we are agile enough to make the most of market activity, making sure we are on the ball to catch market trends and this has given us the edge in April. Many investors have money tied up in equities, which have performed well, but historically we know the economic cycle will turn in time. It could be argued that the markets have recently shown signs of retuning to a more normal state, and it appears in certain cases, commodity prices are perhaps less influenced by risk-on/risk-off buying and selling, and perhaps have given way to price moves based on primarily market fundamentals. We know the markets can fluctuate dramatically but we are seeing signs that there is a turnaround beginning to appear."

Indeed Drury’s Commodity Investment Strategy provided a healthy gain f......................

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 - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised