LONDON (Reuters) – Mulvaney Capital Management returned 82.97% in 2024, up from a 51.22% result in 2023, according to an investor letter seen by Reuters on Wednesday.
Mulvaney, which oversees $352 million in assets, trades in futures and financial markets globally, including smaller commodity markets the letter said.
Cocoa and coffee closed 2024 as the biggest gainers among commodities for a second year on a global supply deficit.
Managed futures funds, returned 1.9% for 2024 to the end of November, according to hedge fund research firm PivotalPath.
(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe)
