27.02.2013 - Threadneedle launches absolute return commodities fund
Asset manager Threadneedle Investments has launched the Columbia Threadneedle SICAV-SIF Absolute Commodities Fund that aims to target a 10%-15% return on an annualized basis, net of fees, on a long term investment horizon. Threadneedle launched its first commodities strategy in 2010 and currently manages in excess of US$1 billion.The Columbia Threadneedle SICAV-SIF Absolute Commodities Fund will be managed by Nicolas Robin, who joined Threadneedle in 2010 and has over 12 years’ experience in long/short commodities and index trading. He co-manages the US$1 billion Threadneedle (Lux) Enhanced Commodities Fund with David Donora. Since launch, the Threadneedle (Lux) Enhanced Commodities Fund returned 33.2% compared to the index return of 10.8%...............................................Full Article: Source
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