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.
Although commodities were the best-performing asset class in 2022, they also did exceptionally well in 2021, despite receiving less attention. The index that tracks commodities surged...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
