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From Komfie Manalo, Opalesque Asia:
The commodity markets ended December on a positive note as Swiss-based Asset manager Tiberius released its monthly commentary which showed its four, commodity-focused funds returning profits. In its report, Tiberius disclosed that its Commodity Alpha OP (USD) was up 9.91% last month (+18.89% YTD), while the Tiberius Commodity Alpha OP (EUR) gained 10.07% (+15.52% YTD); Tiberius Active Commodity OP (USD) Long Only up10.30% (+20.51% YTD); and theTiberius Absolute Return Commodity OP (EUR) up 0.17% (+3.12% YTD)
However two Tiberius' funds were in the negative territory last December . There were: Tiberius InterBond OP (EUR) -1.12% (+5.04% YTD) and the Tiberius EuroBond OP (EUR) -1.09% (+1.29% YTD).
Going forward, Tiberius "analyst sentiment for 2011 is now decidedly bullish on average, while only a few weeks ago, skeptics were still making themselves heard. Coupled with the abundant liquidity situation, this shift of sentiment triggered a classic end-of-the-year rally."
Major commodity indices were among the big winners last month. The Rogers International Commodity Index (RICI) was able to rack up as much as 11.0% on a total-return basis. Double-digit gains of 10.7% were also reported by the Dow Jones UBS Commodity Index (DJUBS), while the S&P Goldman Sachs Commodity Index (GSCI...................... To view our full article Click here
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