A strong recovery from the global pandemic sent demand for commodities including oil, copper, soybeans and lumber surging, with some analysts and market participants bracing for a so-called “supercycle.”(File pc shows copper smelting in Peru.)
NEW YORK: Commodities hedge funds have posted strong returns for a second consecutive year in 2021 as the energy transition created trading opportunities from crude oil to base metals.
The Bridge Alternatives Commodity Hedge Fund Index, which tracks some of the largest commodities-focused funds including Andurand Capital Management and CoreCommodity Management LLC, reported “positive double-digit performance” for 2020 and 2021, the firm said in a statement.
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