Bloomberg – Armajaro Holdings Ltd.’s CC+ fund, managed by Anthony Ward, returned more than 3 percent in July, according to three people with direct knowledge of the matter.
The cocoa and coffee fund gained 3.05 percent, according to the people, who cited preliminary estimates and declined to be identified because the information isn’t public. Ward declined to comment, a spokesman for the London-based company said. Cocoa for September delivery in London fell 4.3 percent last month while arabica coffee rose 6.3 percent in New York.