05.03.2015 - Specialty funds let you play with the pros in commodities sandbox
As the Crimean crisis raged last summer, Tyler Mordy and his colleagues at Hahn Investment Stewards made a tactical call in the commodities market. Believing that Russia’s aggression would stoke a major political crisis, they invested in palladium, a silvery-white metal essential in the production of catalytic converters, fuel cells and countless types of electronics. Russia is the largest source of palladium, and investors speculated about supply disruptions and dwindling stockpiles, sending prices skyward. “Palladium took off like a scalded cat. It worked out incredibly well for us last year,” recalls Mr. Mordy, who is director of research and co-chief investment officer at the Toronto-based firm...............................................Full Article: Source
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