Commodities World Capital is a discretionary commodities manager run by veteran CIO, Luke Sadrian. The strategy is fundamentally driven and implemented through the use of options and futures across the commodities complex. The trading style benefits most during trending and breakout markets; it seeks to optimize the implementation of our fundamental views while also capitalizing on anomalies in the volatility curves within individual commodity markets. We expect the overall portfolio to demonstrate low correlation to global equity and fixed income markets. Commodities World Capital LLP is authorised and regulated by the Financial Services Authority (FCA) & National Futures Association (NFA) as Commodites Pool Operator (CPO) with the CFTC.