Wed, Aug 27, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  3. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  4. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius