Diapason commodities hedge fund to track Rogers index

Lausanne-based Diapason Commodities Management is to launch a commodities hedge fund in mid-February tracking the Rogers commodity index, to benefit from what the fund manager believes will be a 10- to 20-year run in commodities. Diapason is part-owned by the fund's manager, Lionel Motiere, who founded hedge fund manager Equinoxe in 2002 and part-owned by Jim Rogers. Its first fund, the Diapason Rogers Commodity Fund, with daily liquidity, will trade in 35 commodities from metals and agriculturals through to silk and energy. Between the end of December 2003 and the establishment of the Ro...