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Alternative Market Briefing

Renee Haugerud trades from a 'real asset’ point of view

Friday, September 16, 2011

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Renee Haugerud
Benedicte Gravrand, Opalesque Geneva:

Renee Haugerud is one of the star hedge fund managers in the commodity business. A commodity trading veteran of 31 years, she founded Galtere Ltd in 1997, a funds house head-quartered in New York that now manages around $1bn. Her flagship strategy has annualized 12.5% over 13 years Last year, she created the Galtere Research and Development Center and the Galtere Alternative Energy Center in Minnesota, and opened a branch in Switzerland.

Greg Despoelberch recently interviewed her for Opalesque TV.

Commodity trading is in Haugerud’s blood, as she grew up in it - in a rural area in Southern Minnesota - and made it her life path. When she was a girl, her father showed corn fields and explained to her the principles of supply and demand, futures, options, puts and calls – and understanding value became second nature to her.

Armed with a B.S. degree with Honors in Forest Resource Management, she began her tenure in financial markets by trading cash commodity markets in the U.S. and Canada for Cargill Inc. and Continental Grain, and acquired expertise across all asset classes, through posts in various parts of the world. Following her years at Cargill, she managed proprietary trading desks at institutions including Natwest Markets in Hong Kong and Hunter Douglas N.A. in the U.S., before......................

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