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SDCI - A Legendary Commodities Fund Is Closing. Here's What It Could Mean
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
What was once the world's largest commodities hedge fund is officially closing, creating new opportunities for some investors to get exposure to raw materials and mining using other funds. According to Bloomberg, Blenheim Capital Management's CEO and chief investment officer, Willem Kooyker, is calling it quits after a 50-year money management career that made him a legend in oil, metals and agricultural markets.
At its peak, Blenheim Capital oversaw as much as $9 billion in assets. That was in 2011, when China's economy first started to cool after years of double-digit annual growth. Even