09.05.2013 - Commodities hedge funds suffer weak first quarter
The commodities hedge fund industry is bleeding money. The average fund lost 0.8 per cent in the first quarter of the year, according to a closely watched index compiled by brokerage Newedge. The losses come after commodities hedge funds lost 3.7 per cent in 2012, the biggest decline in more than a decade, according to the Newedge Commodity Trading Index. The average commodities hedge fund already lost 1.4 per cent in 2011, a significant change from the typical gains of 20-40 per cent per year in 2000-08...............................................Full Article: Source
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