Commodity Strategies have produced a positive return for both their long only and long short strategy, with a +0.85% (+10.62% YTD) for the Long Only program, and +0.47% (+23.16% YTD) for the long short version.
Of interest was be sharply different attribution of performancebetween the two strategies: The long only strategy achieved 100% of its returns from gold, while the long short strategy was broadly based with the majority of returns coming from the energy sector (with the exception of natural gas). The long short strategy was active in over 20 commodities across the broad sectors of metals, energy, agricultural and grains.
