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Commodity fund’s assets may double in 2009, Global Advisors say

Posted on 26 March 2009

From Bloomberg: Global Advisors Ltd., a money manager that returned more than 20 percent in 2008, said the $290 million in its commodity fund may double this year as investors refrain from withdrawing cash.

“Investors need to put money back to work,” Russell Newton, co-founder of the Global Commodity Systematic fund, said yesterday in an interview in London. “I’d be surprised if we don’t double the size of our fund this year.” …..Full Article: Source


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