08.08.2013 - Commodity funds on track for big launch year in uncertain market
An ex-Glencore oil trader and a veteran grains merchant with futures broker R.J. O'Brien are among those behind the largest number of commodity fund launches in 3 years despite investor worries the multi-year rally in those markets is over. A dozen hedge funds trading raw materials derivatives on discretion were launched in the first six months of this year, the same as in the whole of 2012, data from London-based research house Preqin showed. In 2011, only seven of such funds took off, the smallest number in 5 years...............................................Full Article: Source
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