Hedge Funds Are Hoarding Cobalt Amid Battery Metal Slump

Hedge funds including Anchorage Capital Advisors and Squarepoint Capital LLP have been building positions in cobalt by buying up physical material, as tumbling spot prices and a more liquid futures market create new trading opportunities in the batte

By: financialpost.com

Jul 01 2024
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Hedge Funds Are Hoarding Cobalt Amid Battery Metal Slump

(Bloomberg) — Hedge funds including Anchorage Capital Advisors and Squarepoint Capital LLP have been building positions in cobalt by buying up physical material, as tumbling spot prices and a more liquid futures market create new trading opportunities in the battery metal. Read More

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Hedge Funds Are Hoarding Cobalt Amid Battery Metal Slump

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