| 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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