Investing
Commodity Hedge Funds Are Finally Back — and They Are Raking in Cash
- Bullish investors are backing money managers with fresh cash
- Top 15 commodity funds have increased assets by 50% this year
This article is for subscribers only.
After years out in the cold, investors are finally warming to commodity hedge funds again as wild price swings and talk of a new supercycle draw interest back to the sector.
The top 15 commodity-focused hedge funds have increased their assets by 50% this year to $20.7 billion, according to preliminary data from Bridge Alternative Investments Inc. Some recent entrants have already closed to new investors, and big macro funds are hunting for talent as they beef up commodities teams.