Ah, Everyone Had a Commodity Hedge Fund That Year

There is impressive growth underway in the number and assets of commodity hedge funds worldwide. Check the following graph of the number of such funds extant.

commodity-funds

Doing the math, the above works out to roughly a 50% compound growth rate in the number of commodity funds per year. For those of you as fond as I am of recreational extrapolation, that means everyone on the planet will be running a commodity hedge by the year 2050. Should be great.

[Source: Milken/Tellus/Cole]