BlueGold commodity #hedgefund liquidates portfolio
Previously known for it’s ability to generate massive returns (209% in 2008 and 55% in 2009), 2011 saw BlueGold Capital diversify away from their core specialism in oil. This resulted in a subsequent loss of confidence from their investors and a drop in the value of its portfolio by 34%. Read the complete FT article
BlueGold Capital are not alone in their woes though. We’ve seen commodity funds across the board suffer the effects of market volatility recently, so is the decision to shut down a step too far?
Could BlueGold Capital have regained investor confidence once the markets stabilise?
Let us know what you think below…