Following investor demand alternatives manager Highbridge Capital Management has introduced a sterling hedged share class for its UCITS diversified commodities fund.
The UCITS-compliant Highbridge Diversified Commodities Fund which was launched in March 2011 gives investors the opportunity to gain exposure to pure commodities.
It invests in the most liquid, major commodities, with a long bias, but also has the ability to short individual commodities should the fundamentals of that commodity appear unattractive. The fund gains access to commodities futures through the use of individual swaps on commodity indices, as well as swaps on sub-sectors and the broad market.
Highbridge is owned