The Stenham Global Resources fund of hedge funds (FoHF) was launched in 2007 as a direct extension to the development of the Gold Fund. At that time the number of natural resources specialists was somewhat limited and the fund had some 10 underlying managers. Since then the natural resources area has expanded and diversified but the portfolio has reminded fairly concentrated with the aim being to capture long-term uplifts in the global natural resources sector.
Allocations are split between comm
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