August 3, 2009 FinAlternatives
Commodity hedge funds did far better than most of their peers last year, and investors have rewarded them.
Even though commodities hedge funds lost 2.3% in the first half, hedge funds investing in the strategy took in nearly $1 billion in the second quarter, Hedge Fund Research reports. Commodities hedge funds now manage $11 billion, up 8.9% from the end of the first quarter, and nearly as much as the $11.1 billion they managed at the beginning of the year.
HFR said there were about 150 commodity hedge funds last month.
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