News

September 25, 2008

More Funds Launched To Exploit The Food Prices Boom

By Sally White

Gyrations in commodity futures over the last few weeks – wild swings first in one direction then another – could very well have sent investors scuttling away from those new favourites, agricultural exchange traded funds! So, what about a quieter life and a look at some of the new equity funds – the farmland one at land agents Bidwell, for example, or the global agriculture investment trust from Schroders.

Star of Agriprods first Forum this month was Coast Sullinger, who runs the agriculture fund at Gaia Capital Advisors. The number of questions showed just how much interest there is in these kinds of funds.

The Schroders one aims to be a bit different, a London stock exchanged traded Guernsey registered fund. Aimed at launching as a £250 million fund, the Schroder Agriculture Land Fund will invest in farmland across Europe, South America and Australia for starters. About...