Blenheim Commodities Fund to shut as founder Kooyker retires
Most of Blenheim's investors have transferred their assets to a new fund, Valence Asset Management, headed by Kooyker's son, Terence and portfolio manager James Tatum
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London
BLENHEIM Capital Management, once the world's largest commodities fund, is being wound down as founder Willem Kooyker calls time on a 50-year trading career that earned him a gilded reputation in oil, metals and agricultural markets.
The majority of Blenheim's investors have transferred their assets to a newly launched fund, Valence Asset Management, headed by his son, Terence Kooyker, and portfolio manager James Tatum. The fund was launched this month and is staffed by about nine former Blenheim employees. It's primarily active in base, precious and bulk markets, and trades in other commodities.
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