Performance

Shipping news: Caxton catches cargo fever

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Forget the political firestorm surrounding U.A.E.-based Dubai Ports World's failed bid to take over operations of New York's harbor and other major U.S. ports. Whatever the fallout of the nixed Dubai deal, a continued willingness of countries to outsource seemingly fixed assets like ports underscores big opportunities for investors aiming to ride the wave of rising global trade.

Mind you, direct port plays aren't readily available for hedge funds that want to buy "Made in U.S.A." names in the public markets. In fact, many authorities are private and are more readily accessible via real estate deals or REITs.