Michael Coleman News
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Goldman Sachs Group Inc.’s Jeffrey Currie got ahead of gold’s biggest collapse since 1980 last week because he saw two signals most others missed.
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California should lower the vote threshold for approving new roads, highways and transportation projects to a majority from two-thirds, Los Angeles Mayor Antonio Villaraigosa said in his final state-of-the-city speech.
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The Merchant Commodity Fund, managed by Doug King and Michael Coleman, cut a third of its staff after two consecutive years of losses during which assets under management slumped almost 90 percent.
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Michael Coleman , who co-manages the $1.3 billion Merchant Commodity Fund , and his partner Doug King have bought a stake in a Singapore-based rubber trader, which had sales of about $1 billion last year.
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Michael Coleman is suspending a three-decade trading career to focus on risk after a year in which the Merchant Commodity Fund he co-founded lost 30 percent and its assets contracted twice as much.
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China, the world’s biggest soybean importer “believes in using its clout in the market,” Michael Coleman, managing director at Aisling Analytics Pte, said at a conference in Singapore.
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The following is a selection of the most important news affecting the oil market.
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Hedge funds lost money for commodity investors for a second straight year as managers from the Galena Metals Fund to Clive Capital LLP trailed benchmark indexes of raw materials.
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Michael Coleman and Doug King ’s Merchant Commodity Fund and Chris Levett ’s Clive Fund posted returns in the first 11 months that were more than four times average gains by hedge funds and outperformed index investments.
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Doc Watson, a singer and guitarist who expanded the instrument’s role in traditional American music and influenced generations of musicians with his playing skills, died yesterday. He was 89.
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