Fulcrum Floats Active Commodity Fund

Fulcrum Asset Management, founded in 2004 by two ex-Goldman Sachsexecutives, has unveiled a new active commodity fund,Reutersreports. The firm has offered the commodity part of its macro fund,Fulcrum Alpha, separately to tap the growing demand for active commodities strategies from investors.

The U.K. firm has also opened a new office in New York and has appointedTom Dempseyto lead it. Dempsey was previously working atGoldman Sachs Asset Managementas head of product strategy for the U.S. quantitative equity group.

Click here for the story fromReuters.