This Fund Smashed The Commodity Index In 2022 As Goldman Predicts A 2023 Surge

Statar Capital returned an impressive 15.96% for December, bringing its 2022 return to 30.13%, driven by the fact that commodities were the best-performing asset class in 2022. According to Goldman Sachs, the index that tracks commodity prices rose only 8% in 2022 once all was said and done. A Banner Year For Commodities Commodity funds like Statar Capital, which has nearly $3.5 billion in assets under management, enjoyed a robust 2022 as commodity prices skyrocketed in the first half of the year. However, as the year went on, commodities tumbled in the second half of the year. Q4 2022 hedge…