Commodities hedge funds suffer in 2011
| February 1st, 2012 |
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Commodities hedge funds performed poorly in 2011, as the sector focused hedge funds as a group recorded their worst year in more than 10 years. According to a Financial Times article, Chris Levett’s Clive Capital reported lost 10.6% in 2011, while Willem Kooyker’s Blenheim fell by 17%. Other prominent losers include Pierre Andurand and Dennis Crema’s BlueGold Capital (-34%), Michael Coleman’s and Doug King 's Merchant Commodity Fund (-29.9%), Bruce Ritter’s Yannix Management (-5.6%), Cargill’s BlackRiver commodities focused hedge fund (-6.8%) and Brevan Howard’s commodities focused hedge fund (-2.9%).
The only bright spots mentioned in the article were Velite Capital Management’s natural gas fund (+51%), Jeremy Weir’s Galena Metals Fund (+11%) and Scott Hobart’s Red Kite Management, which all ended the year in positive territory. |
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For Detailed Investor Profiles on these Investors, click below: |
| Christopher Rochos; | Claude Lixi; | David Lilley; | Dennis Crema; | Duncan Letchford; | Frederic Codet; | James Vernon; | Jean-Phillipe Blodget; | Jeremy Weir; | Mark Newson-Smith; | Mark Newson-Smith; | Michael Farmer; | Oskar Lewnowski III; | Pierre Andurand; | Trifon Natsis | | Red Kite Australia Pty Ltd.; | RK Capital Management LLC: MG PLC*; | BH Global; | BH Macro; | BlueGold General Partner Inc; | BlueGold Global Fund LP; | BlueGold Investments Limited; | Brevan Howard Asia Fund; | Brevan Howard Credit Catalysts; | Brevan Howard Emerging Market Strategies Fund; | Brevan Howard Macro FX; | Brevan Howard Master Fund Ltd; | Galena Azurite Fund; | Galena Energy Fund; | Galena Malachite Fund; | Galena Metals Fund; | Galena Special Situations Fund; | HFZ Capital Management Ltd.; | Swiss Reinsurance; | Trafigura Group | More Recent Headlines