Cumulus Energy rides renewables revolution to deliver outsized gains
Fri Sep 21, 2012
Energy and weather derivatives specialist Peter Brewer’s high-octane energy futures strategy is gaining traction with investors again after a stunning 100% return in 2011
With high levels of volatility and market correlation having
played havoc with hedge fund returns in recent years, many of
the best performers have been niche funds pursuing eclectic and
specialist investment strategies in under-exploited markets.
The Cumulus Energy Fund is a case in point. Launched in
2006, the energy futures trading fund has produced an
annualised return of 28% since inception and had its best year
so far in 2011 – making an astonishing 99.64% at a
time when many hedge funds were struggling simply to end the
year in the black.
That impressive annual return, on a Sharpe ratio of 1.64,
was more than enough to secure victory in the smaller and
emerging manager category at the EuroHedge Awards in January.
But the fund has made far less dramatic progress this year. An
inherently volatile strategy, it is currently down 5.85% for
the year year after losing...
ISSN: 2151-1845 / CDC10004H
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