Quantedge bulks up on commodities


Chua Choong Tze
Singapore-based Quantedge Capital says its global macro strategy, the Quantedge Global Fund, is now weighted more to commodities.

Early in the year the fund had a larger allocation to bonds which helped to boost performance year-to-date. After the strong rally this year, sovereign bond yields of stronger countries are now lower, hence the asset class is no longer seen as so attractive to the fund.

AsiaHedge data shows that the fund delivered a stunning 13.99% return in October, bringing year-to-date returns to 35.02% – making it one of the best performing macro