{"id":24469,"date":"2011-09-02T07:03:35","date_gmt":"2011-09-02T11:03:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24469"},"modified":"2011-09-02T07:03:35","modified_gmt":"2011-09-02T11:03:35","slug":"hedge-fund-industry-commentary-august-2011-credit-downgrade-further-supports-commodities","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2011\/hedge-fund-industry-commentary-august-2011-credit-downgrade-further-supports-commodities.html","title":{"rendered":"Hedge Fund Industry Commentary August 2011: Credit Downgrade Further Supports Commodities"},"content":{"rendered":"<p>New York (HedgeCo.net) &#8211; The Dow Jones-UBS Commodity Index ended up 0.99% for the month of August after investors on both sides of the pond looked to commodities as a safe haven for funds. Perpetuating the activity was the fact that Standard &#038; Poor\u2019s downgraded the credit rating for the United States from AAA to AA+. Some felt the move by S&#038;P made investments in U.S. Treasuries \u2013 usually considered a favored secure investment because they\u2019re government backed and dollar-denominated \u2013 more risky.<\/p>\n<p>The Dow Jones-UBS Commodity Index was up 0.99% for the month of August. The Dow Jones-UBS Single Commodity Indexes for Coffee, Corn and Gold had the strongest gains with month-end returns of 18.51, 13.57%, and 12.29%, respectively. The three most significant downside performing single commodity indexes were Orange Juice, Tin and Nickel, which were down 17.48%, 13.28%, and 11.25% respectively, in August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; The Dow Jones-UBS Commodity Index ended up 0.99% for the month of August after investors on both sides of the pond looked to commodities as a safe haven for funds. Perpetuating the activity was the fact [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[919,3],"tags":[],"class_list":["post-24469","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-research","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=24469"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24469\/revisions"}],"predecessor-version":[{"id":24470,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24469\/revisions\/24470"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}