CTpost – Hedge funds from Beau Taylor’s Taylor Woods Masters Fund to Brevan Howard Asset Management LLP’s commodities fund gained in August as surging oil and grain prices drove commodities to their third monthly advance.
The Taylor Woods fund, which manages more than $1 billion from Greenwich, climbed 6.3 percent last month, according to a letter to investors obtained by Bloomberg, as the Standard & Poor’s GSCI spot index of 24 raw materials jumped 6.2 percent. The $565 million Brevan Howard Commodities Strategies Master Fund, managed by Stephane Nicolas in Geneva, rose 4 percent, according to three people with knowledge of the returns.
