London & Capital launches Agricultural Commodities fund

London & Capital has launched a futures-based Agricultural Commodities fund, its first commodities-fo...

London & Capital has launched a futures-based Agricultural Commodities fund, its first commodities-focussed product. Managed by Adrian Cravchinsky, the open-ended vehicle will invest in seven key commodities corn, soya beans, wheat, cotton, coffee, sugar and cocoa to take advantage of the growing demand from emerging markets and biofuel industries. It will invest in futures contracts of commodity indices. Stephen Westwood, director of investment funds at London & Capital explained: “Traditional funds buy a futures contract and before it expires you sell and buy another. This causes qui...