Commerzbank brings €340m commodities fund to UK

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Commerzbank is set to unveil a commodities-focused investment vehicle as part of the bank's drive into the UK investment market.

The Commerzbank Commodities Strategy was officially launched in March and has since gathered €340m in assets. Now a Luxembourg UCITS version will be made available to the UK market, targeting multi-managers, fund of fund managers and discretionary investors in particular. Eugen Weinberg, global head of commodities research, will take an advisory role on the fund, while a team of three investment professionals – Thomas Timmermann,  Stefan Dilthey and Christian Schenk – will be responsible for asset allocation. The fund’s flexible approach means the cash and commodities weighting will v...

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