Statar Capital Is Still Enjoying A Healthy YTD Return Despite June Setbacks [Exclusive]

Statar Capital generated a net return of 0.21% for June, bringing its year-to-date return to 23.72% for 2022. Since its inception, the commodity fund has generated a return of 352.88%. Statar Capital has $3.5 billion in assets under management. The fund reported a daily correlation of -0.04 to the S&P 500 and 0.04 to the Bloomberg Commodity Index. Its daily correlation to the HFR Macro/ CTA Index stands at zero. Explosion Rocks Freeport’s Pipeline In their June letter to investors, which was obtained by ValueWalk, the Statar team noted that significant events on both sides of the Atlantic shook the…