| From Hellenicshippingnews.com: Banks and trading houses have persuaded many pension funds and other investors to buy into commodity and energy markets, arguing they can offer an attractive hedge against inflation, diversification and big returns in rising markets.
But many have lost money with such passive investments, holding long positions in range-bound or falling markets and hit by the cost of rolling over contracts in over-supplied markets. Enter VOC and a host of other, commodity-focused hedge funds that make money trading positions within and between commodities, called "relative-value" or "long-short" spreads...........................................Full Article: Source
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