From trend follower to trailblazer

New fund targets commodities others are “scared” to trade – from asphalt to glass panels

Scott Kerson
Scott Kerson: “We follow a philosophy of going to markets where we don’t compete with people like us”

It’s been a wretched year for trend followers. But while performance at many investors has plunged, one new fund has found a novel way to prosper – putting trend-following systems to work in the commodities sector’s more curious markets, from Chinese asphalt to South African sunflower seeds.

So far, it’s working. The fund, launched by Gresham Investment Management and run by AHL‘s former head of commodities Scott Kerson, is up more than 28% year to date, according to sources with knowledge of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here