Duet Group’s commodities fund increased 2.9% in June, boosting this year’s return to 23%, Bloomberg reports. The Duet Commodities Fund’s return through May was 20% as compared to the average hedge fund return of 4.8% in the same period.
The fund, which was launched in July, has assets of less than $100 million. The fund of the U.K. money manager with about $2.4 billion under management is still looking to raise capital.
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