Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Root Global Opportunities bets on 'powerful trends' in agricultural commodities

Monday, July 29, 2013

amb
Allen Root
Benedicte Gravrand, Opalesque Geneva for New Managers:

The agricultural commodities market might gyrate enough to make many investors break into a sweat, but those who keep their eyes on the cycles and the context can remain cool this summer. An emerging hedge fund manager explains why.

Allen Root has spent the last twelve years running long/short hedge funds, the last one at Altima Partners which he joined in 2009. There, he ran the public investing portion of their agricultural sector fund. When Altima closed their New York office in 2011, Root started organising his own hedge fund, Root Capital, which would be a re-launch of the agriculture sector portfolio he used to manage.

He stuck to the strategy because he believes that some of the trends that are going on in agricultural markets are powerful and sustainable.

"We like to use the analogy: China joined the WTO in 2001, and around 2003 we got this great boom super cycle and industrial commodities," he explained to Opalesque, "Iron ore, steel and copper, all inflated and achieved new highs. The world was rearranged in terms of the cost curve as the Chinese industrialized and built their infrastructu......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1