LONDON, Jan 8 (Reuters) - 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 , opens new tab 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.

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https://www.reuters.com/business/finance/mulvaney-capital-management-returned-8297-2024-investor-letter-says-2025-01-08/