Commodity analysts from Societe Generale report that money managers bought $7.1 billion in gold in February. This is the fourth-biggest week of bullish buying since 2006, when CFTC started its updated reporting. Most explanations for this rise point to recent geopolitical instability. While gold is an imperfect hedge for funds, it is an appealing asset against inflation …
Tag Archives: Hedge Fund Industry News
Hedge Fund Industry Assets Set New Record
According to recent data, hedge funds have reported significant gains in April as a result of the increase in precious metal and energy prices. However, the funds still trail behind the larger market. Still, the recent climb has encouraged pension funds, endowments and other investors to place $32 billion in hedge funds during the first …
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