Hedge Funds

Leeward looks to raw materials

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Canada's Leeward Capital Management is planning to launch a fund that specifically aims to capitalize on a boom in rising raw materials prices, fueled by voracious commodities consumption in the Chinese industrial sector and in rebounding Asian economies, such as Japan.

The Leeward Resources Fund, slated to begin trading in February, will be managed by Brendan Kyne who oversees the firm's flagship Bull & Bear Fund, which has posted returns of more than 50% through October. The long/short Bull & Bear itself has done well, partly by investing in names that benefit from a strengthening commodities sector.

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