One of the top Asian hedge fund performers last month was
the Henderson Agricultural Fund, which added 4.36% in May,
contributing to a stellar year so far – 27.78%
Wheat-related strategies were behind much of the
month’s gains, continuing the trend this year,
explains Ian Gibson of Attunga Capital, the sub-investment
manager of the fund. Agricultural commodity markets are subject
to a range of distortions, and a greater number can be found in
wheat markets at the moment, hence the managers’
high-conviction plays on this commodity.
The fund has...