Tiberius CTA Makes a Timely Short Bet on Physical Gold

Commodity hedge funds have had a troubled year so far, as growth in China has weakened and demand has fallen in most of the related assets. The worst performance in 2013 has built on the already bad returns from 2012, when CTAs suffered through a 20 percent loss in their assets. Switzerland based $2 billion commodity hedge fund, Tiberius Asset Management’ Tiberius CTA released a special market commentary in which they call equities good, bonds bad and commodities ugly. The adjective implying the worst of all performance in the asset class, evident from the -6 percent loss in the DJUBS Commodity Index….