14.06.2013 - Commodity hedge funds said by FAO finding profits harder to make
Commodity hedge funds are finding it harder to make a profit partly because fees and other charges “soured customers,” the Food & Agriculture Organization said. Customers who besides paying annual fees are now finding themselves “saddled with 100 percent of the losses,” the United Nations agency said today in a report called “Commodity hedge funds in retreat?” The FAO cited commodity index fund investment data showing a 20 percent drop since April 2011, mirroring a withdrawal from hedge funds...............................................Full Article: Source
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