Summary
NEW YORK (Reuters) - U.S.-based Touradji Capital, whose $1.6 billion commodities fund is said to have amassed a large long position in nickel, has managed only a 1.7% gain this year despite the metal's nearly 50% surge.
Touradji's Global Resources Fund - among the largest commodity- focused funds, but also including base metals, currencies and resource equities - is marginally outpacingpeers, but returning far less than a big nickel bet would suggest, according performance data supplied by investors.See the full content of this document
Extract
Reputed Nickel Bull Touradji Barely Ekes Gains
"They're pointing up a third straight month," said the managing director at a fund of funds that invests in Touradji Ca...
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