{"id":33510,"date":"2013-01-22T07:35:00","date_gmt":"2013-01-22T12:35:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33510"},"modified":"2013-01-22T07:35:00","modified_gmt":"2013-01-22T12:35:00","slug":"galena-drops-as-commodity-hedge-funds-trail-for-second-year","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2013\/galena-drops-as-commodity-hedge-funds-trail-for-second-year.html","title":{"rendered":"Galena Drops as Commodity Hedge Funds Trail for Second Year"},"content":{"rendered":"<p>Bloomberg &#8211; Hedge funds lost money for commodity investors for a second straight year as managers from the Galena Metals Fund to Clive Capital LLP trailed benchmark indexes of raw materials.<\/p>\n<p>The Newedge Commodity Trading index of 56 hedge funds fell 2.6 percent last year, while the Standard &amp; Poor\u2019s GSCI Total Return Index of energy, metals and agricultural products added 0.1 percent. Galena retreated 8.9 percent, the first annual loss since its inception in 2004, according to a letter to investors obtained by Bloomberg News. The performance was confirmed by the company. Clive, Europe\u2019s biggest commodity hedge fund, declined 8.8 percent after a 9.9 percent slide in 2011.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-01-22\/galena-slides-as-commodity-hedge-funds-trail-index-a-second-year.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Hedge funds lost money for commodity investors for a second straight year as managers from the Galena Metals Fund to Clive Capital LLP trailed benchmark indexes of raw materials. The Newedge Commodity Trading index of 56 hedge funds [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33510","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33510","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=33510"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33510\/revisions"}],"predecessor-version":[{"id":33511,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33510\/revisions\/33511"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}