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From Komfie Manalo, Opalesque Asia:

Swiss commodity hedge fund manager Tiberius Asset Management AG started 2013 with mixed results. But its flagship funds were in positive territory over January.

Tiberius’ Commodity Alpha OP (USD) was up 2.24%, Tiberius Active Commodity OP (USD) gained 3.22% and Tiberius X-Line - Commodity Timing Long 0-100 Index Fund (USD) was up 2.51% last month.

But the other four Tiberius funds, the Tiberius Absolute Return Commodity OP (EUR) (-0.30%), Magma Global Macro Strategy (USD) (-0.48%), Tiberius InterBond OP (EUR ) (-3.35%), and the Tiberius EuroBond OP (EUR) (-1.27%) were all in the negative for the same month.

In its monthly market commentary, Tiberius said 2013 started on a positive note after the U.S. managed to find a last minute resolution to the fiscal cliff and Republicans later in the month decided to give the Obama government more breathing room on debt ceiling discussions.

"In Europe, no news was good news as Germany’s business climate improved for the third time in a row raising hopes that the worst is over for the Eurozone. China managed to silence the last hard landing advocates standing by printing a marginally better than expected GDP number. Japan’s new Prime Minister Abe’s monetary and fiscal stimulus plans sent stocks to a 33 month high and the JPY weakening to l......................

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