Momentum Quant Trade Is Having Best Year in Almost Two Decades
- Trend-following funds stocked up on commodities before the war
- Ukraine crisis sends energy and raw materials to decade highs
This article is for subscribers only.
The historic commodity spike is fueling the best start to a year in nearly two decades for trend-chasing hedge funds cashing in on rampant inflation.
With Russia’s invasion of Ukraine intensifying price pressures across the energy and raw materials complex, investors known as Commodity Trading Advisors are up 8.1% this year, the strongest year-to-date performance in Societe Generale SA data going back to 2003.