The Golden Age of Fundamental Commodities Trading with Tor Svelland of Svelland Capital (18.5% Annualized Since Inception)
Other People's Money with Max WietheShow Notes
Tor Svelland, CIO and Founder of Svelland Capital, has annualized over 18.5% net of fees since inception in 2017 in their strategy that trades a combination of commodity futures, commodity linked equities, freight derivatives, energy transition linked companies, and electricity producers. Svelland joins Other People’s Money to discuss why he believes new market participants and structural undersupply have made the current environment for commodities trading so exciting. He also discusses how he’s grown his business from personal capital to almost $1 billion in AUM with investors all over the globe.
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Timestamps
00:00 Intro
04:09 Trafigura & Goldman Sachs as Commodities Trading Talent Hubs
06:38 Launching Svelland Capital with Personal Capital
09:03 The First Major Hurdles: 3 Years & $100m in AUM
10:56 ESG and the Commodity Market Backdrop
15:59 Underinvestment & Undersupply in Shipping & Commodities
20:41 Trading Global Supply Chains Shifts
23:44 Trade Expression & Commodities Portfolio Construction
29:06 The Effects of New Commodity Market Participants
36:06 TTF Gas Markets & Price Spike Potential
39:38 Multiple PMs & The Benefits of Taking Risk
42:05 Thinking Internationally & Advice for Young Commodities Traders
45:56 International Investor Interest in Commodities
48:00 Managing AUM Growth & Capacity Constraints
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This episode is brought to you by Sarmaya Partners. Learn more about Sarmaya’s LENS ETF, their full data and comparison, including performance here: https://sarmayaetf.com/
This episode is brought to you by Sarmaya Partners. Learn more about Sarmaya’s LENS ETF, their full data and comparison, including performance here: https://sarmayaetf.com/
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