Hedge funds shift gears on commodities

After years of poor performance, an increasingly positive commodity price outlook has piqued investor interest in commodity hedge funds, causing a substantial shift in allocations back into the asset class in 2016. While many investors simply want to gain long-only access to rising prices in markets such as crude oil, a number of fund managers have detected growing demand for more diversified offerings and are developing new strategies in response.

Commodities registered the first positive