Tue, Dec 1, 2015
Welcome Guest
Free Trial RSS
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

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

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. David Einhorn's hedge fund plunged 5.2% in November, set for 2015 loss[more]

    From Bloomberg.com: David Einhorn’s main hedge fund at Greenlight Capital fell 5.2 percent in November and is poised for only its second losing year in almost two decades. The losses bring the fund’s yearly drop to almost 21 percent, according to an e-mail sent to clients that was obtained by Bloomb

  2. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  3. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From PIonline.com: Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  4. Commodities - Stung by oil, distressed-debt traders see worst losses since '08[more]

    From Bloomberg.com: It’s mid-November, but for investors who trade in the debt of distressed companies, the year’s already done -- and they lost. Hedge funds that specialize in the debt are grappling with their worst declines in seven years. Funds managed by Knighthead Capital Management, Candlewood

  5. Regulatory - Major changes in partnership audit procedures contained in 2015 Budget Act[more]

    Contained in the Bipartisan Budget Act of 2015, signed by President Obama on November 2, is a rather complex provision that materially changes how partnerships are audited. Generally effective for tax years beginning after December 31, 2017, the so-called “TEFRA” and “Electing Large Partnership” rul