Tag Archives: hedge fund

Hedge funds seen long sugar

Hedge funds and speculators seen going long in the New York sugar futures market according to Commodity Futures Trading Commission.  Longs exceeded shorts by over 52,000 ICE futures contracts.  Overall net long positions increased by 14,965 from last week.  This is while those engaged in the physical growing and processing of sugar and likely to be hedging were short a net total of 46,426 contracts compared with last week which is an increase of over 14%.

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Louis Dreyfus commodity fund closed to new investors

The Louis Dreyfus commodity fund, a $2 billion dollar fund is to accept no further investor money.  The Louis Dreyfus Commodities Alpha Fund was created in 2008 and started with $100 million focussing on grains and softs, including sugar.

Assets managed by commodity funds are in the region of $200 billion.