The commodities hedge fund of Louis Dreyfus Investment Group has quadrupled its assets to $410 million in less than a year, Bloomberg reports. The Louis Dreyfus Commodities Alpha Fund is run by Ian McIntosh and returned 1.2% in September 2009.
The fund was introduced in November 2008 with $100 million. McIntosh looked into global trading in grains, soft commodities and metals. The fund even invests in industrial metals.
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