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Mellon Capital Floats Commodities Fund

Mellon Capital Management, unit of BNY Mellon Asset Management, has unveiled a new commodities strategy.

Mellon Capital Management, unit of BNY Mellon Asset Management, has unveiled a new commodities strategy. The Commodity Alpha Long-Bias Strategy will offer institutional investors diversification beyond equities and fixed income and will provide a hedge against inflation.

The strategy uses a volatility-adjusted version of the Dow Jones UBS Commodity Index, which offers trading opportunities as well as an inflation hedge, adds Reuters. It generally uses longer-dated futures contracts and takes long or short positions in contracts with positive roll returns.

Click here for the release from PR Newswire.

Click here for the additional coverage from Reuters.

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