Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. August 22, 2017

Hardening Metal Prices Eclipse Softening Grains

On a day noted for the passage of the moon across the sun in the US, grains were eclipsed by metals, with wheat futures plumbing fresh contract lows on both sides of the Atlantic, while Chicago corn dropped to its lowest in nearly a year.
Read by 51% of LPs July 20, 2017

Hedge Funds Are Losing Faith In Precious Metals

Gold is out of favor with money managers and it’s not the only precious metal facing investor exodus. Hedge funds and other large speculators are hitting the exit as they brace for monetary tightening in the U.S. and Western Europe. Money managers are not waiting around for signs that the Federal Reserve may change its rate trajectory, as they turn bearish on precious metals. These charts show the trend in sentiment. In the week ended July 11, the net-long position in gold fell to the lowest in 17 months, before the metal posted its first weekly gain in six weeks....
Read by 43% of LPs July 10, 2017

Gold Buyers Flee A Month After Their Most Bullish Bet Of '17

A month ago, money managers were the most optimistic on gold this year. Now, they can’t seem to unload bullion fast enough. Hedge funds’ net-long positions, or the difference between bets on a price increase and wagers on a decline, fell last week by more than half, the biggest reduction since 2015. Exchange-traded products backed by precious metals saw cash outflows over the past month, while most other commodity funds took in more investor money. Total assets in SPDR Gold Shares, the world’s top bullion ETF, fell to the lowest since March last week. Even with signs of escalating geopolitical tensions...
Read by 68% of LPs May 31, 2017

CHART: Hedge Fund Commodity Bulls Misread The Market

After twelve months building momentum (with a big wobble in the middle) hedge funds bullish bets on commodities hit at a record high in February this year. Turns out the smart money was too optimistic about the strength and length of China’s economic recovery and the timing and scale of US stimulus under new leadership. Large scale speculators or managed money investors in agriculture, energy and metals commodity futures and options have now slashed bullish positioning by 64% from the February peak. Ole Hansen, chief commodity strategist at Saxo Bank, says the main reason behind the loss of confidence is...
Read by 70% of LPs May 22, 2017

Arconic Reaches Truce With Elliott After Bruising Fight

Specialty metals company Arconic said it would allow Elliott Management Corp to nominate three members to the company's board, ending a proxy contest with the activist investor.
Read by 54% of LPs May 16, 2017

Vedanta To Invest $1 Bn More In FY18, Says CEO

<em><strong>Tom Albanese</strong></em>, CEO of&nbsp;<a class="storyTags" href=";q=Vedanta" target="_blank">Vedanta&nbsp;</a>Ltd and London-listed&nbsp;<a class="storyTags" href=";q=Vedanta" target="_blank">Vedanta&nbsp;</a>Resources Ltd, is optimistic that the good days of metal and oil&nbsp;<a class="storyTags" href=";q=Companies" target="_blank">companies&nbsp;</a>are finally here which would see the returns on investments to go up in the current fiscal. Soon after FY16 results, Albanese spoke to&nbsp;<em>Aditi Divekar and Dev Chatterjee</em>&nbsp;on the road ahead for&nbsp;<a class="storyTags" href=";q=Vedanta" target="_blank">Vedanta&nbsp;</a>post-merger with oil producer, Cairn India Ltd and its investments plans, and the bottlenecks facing the metals industry. Excerpts.
Read by 69% of LPs April 19, 2017

Commodity Hedge Fund Blenheim Opens Up Ownership For First Time

Willem Kooyker, a pioneer of investing in commodities, broadened the ownership of his $1.5 billion hedge fund for the first time since it was created almost three decades ago. One of the most powerful and enigmatic traders in the natural resources industry, Kooyker said Thomas Kopczynski, James Wohlmacher, Gus Rossi, and his son Terence Kooyker will join him as owners of Blenheim Capital Management LLC. Blenheim invests in everything from oil to metals and agriculture, and at its height in 2011, was the world&rsquo;s largest commodities-focused hedge fund. The ownership shakeup is the first since 74-year-old Kooyker, who retains a...
Read by 67% of LPs April 07, 2017

Long-term Demand For Base Metals To Remain Positive: ICRA

Demand for base metals in the domestic market is likely to remain positive on long-term basis due to investments in infrastructure projects, a report said. &quot;In the long-term, demand of base metals in India remain positive, driven by investments in infrastructure projects for the power transmission and distribution sector, urban housing and smart city programmes of the government,&quot; ICRA said in a report here.
Read by 72% of LPs March 21, 2017

$5.5B Private Capital Ready To Invest In Mining

According to a new report by private capital tracker Preqin, overall fundraising for natural resources investment actually declined declined by a fifth in 2016 to the lowest since 2012. Coming off a record 2015, 74 funds raised a total of $60bn in 2016 for investment in natural resources, which includes metals and mining, water, timberland and energy. Private providers of capital include pension funds, sovereign wealth funds, endowments, family offices and others. One of the funds to watch &ndash; Electrum Strategic Opportunities &ndash; last year invested in two junior mining companies based in the Yukon...
Read by 61% of LPs March 10, 2017

Birch Gold Group Expands Due To Unexpected Growth

Birch Gold Group, the leading precious metals IRA investment company in the country, experienced an unexpected growth in recent months. This welcome event compelled the company to expand its office space in order to accommodate its growing number of clients. Burbank, CA (PRWEB) March 09, 2017 Over the last several months, Birch Gold Group experienced [&hellip;]The postBirch Gold Group Expands Due to Unexpected Growthappeared first onPress Release Rocket.
Read by 73% of LPs