24.03.2009 - Hedge fund interest in commods "cyclical"
From Reuters: Hedge fund interest in commodities has been cyclical despite the recent rebound in oil, metals and grains prices and there is no evidence fund managers are pouring money into the sector like a year ago, a senior broking official at Swiss bank UBS said on Monday. "There's been a tremendous amount of interest in precious metals, in agriculture and energy -- but it's been cyclical," said Alex Ehrlich, UBS's global head of prime broking services, speaking at the Reuters Private Equity and Hedge Funds Summit in New York.....Full Article: Source
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