Hedge Funds

Commodities manager Ebullio builds momentum for new short-term trading fund after suffering big losses in 2010

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Ebullio Capital Management, the UK-based commodities hedge fund manager, is building a solid track record for a new short-term trading fund spun out this year from the activities of the firm’s overnight trading desk.

The Ebullio Far East Desk (eFED) Commodity Futures Fund launched in January and is up 36.93%. While the new fund has started strongly, the firm is still working to revive the fortunes of its flagship Ebullio Commodity Fund, which lost 90% in 2010 and was also down slightly last year.

The flagship trades both futures and physical commodities, whereas the eFED strategy focuses exclusively