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Mulvaney Capital Management returned 82.97% in 2024, investor letter says

ReutersJan 8, 2025 5:23 PM

- Mulvaney Capital Management returned 82.97% in 2024, up from a 51.22% result in 2023, according to an investor letter seen by Reuters on Wednesday.

Mulvaney, which oversees $352 million in assets, trades in futures and financial markets globally, including smaller commodity markets the letter said.

Cocoa and coffee closed 2024 as the biggest gainers among commodities for a second year on a global supply deficit.

Managed futures funds, returned 1.9% for 2024 to the end of November, according to hedge fund research firm PivotalPath.

(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe)

((Nell.Mackenzie@thomsonreuters.com; https://twitter.com/nellmooney;))

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