31.07.2014 - Commodity Hedge Funds Continue Building Momentum In 2014
Newedge, a global leader in multi-asset brokerage and clearing, announced the performance for its suite of hedge fund indices for the month of June. Commodity funds, as represented by the Newedge Commodity Trading Index, were the best performers in June, finishing the month up 0.63%. The Newedge Trading Index continues to build on 2014 gains, leading the Newedge Index performance year-to-date with a return of 3.55%. The Commodity Equity sub-index extends the positive performance achieved in 2013 and is up 4.85% year-to-date with a return of 1.62% for the month of June. James Skeggs, Global Head of Advisory Group Alternative Investment Solutions at Newedge said: “The Newedge Commodity Trading Index has had its best performance since 2012 so far this year and many managers are positive about the opportunities in the near future. As a result, we have seen a pickup of investors reconsidering investing in commodities.”..............................................Full Article: Source
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