Steve Cohen Mulls Commodities Unit as Hedge Funds Pile Into Bets
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Point72 Asset Management founder Steve CohenPoint72 Asset Management is considering building a commodities business as multistrategy hedge funds jump on the volatile play to drive returns.Billionaire founder Steve Cohen said at an annual investor day last month that he’s starting to think about commodities as Point72’s next diversification move, according to a person in the room.