Winners and losers in commodity space


March was a very mixed month for commodity managers as events in Libya and Japan turned the focus on energy and commodity markets, with roughly as many funds up as down on the month.

Duet Commodities led the pack with a 6.50% return. Sector EuroPower made 3.03% and Armajaro Commodities was up 1.73%, while the systematic Armajaro STS Commodities strategy was up 2.47%.

Hinde Gold gained 2.35%. Adapto Energy made 1.46% and Tiberius Absolute Return Commodity was up 0.77%.

On the downside Krom River Commodity Systematic lost 2.43%, while Galena Energy was down 1.25% and IPM Commodity dropped