Louis Dreyfus Highbridge Energy LLC, the trading venture of Highbridge Capital Management LLC and Louis Dreyfus Group, plans to start a commodities hedge fund next year, according to four people with knowledge of the plan.
UBS AG is considering investing in the fund, said two of the people, who declined to be identified because the plans are confidential. Brooke Harlow, a spokeswoman for New York-based Highbridge, and Sarah Small, a UBS spokeswoman in London, declined to comment.
Commodities are outperforming stocks and bonds this year as prices for oil, wheat and other natural resources rise to records, luring investors....MORE