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Mulvaney Capital Management returned 82.97% in 2024, investor letter says

Published by Global Banking & Finance Review

Posted on January 24, 2025

1 min read

· Last updated: January 27, 2026

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Mulvaney Capital Achieves 82.97% Return in 2024

LONDON (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 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.

(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe)

Key Takeaways

  • Mulvaney Capital Management returned 82.97% in 2024.
  • The firm oversees $352 million in assets.
  • Cocoa and coffee were top commodity gainers.
  • Managed futures funds returned 1.9% in 2024.
  • The letter was reported by Reuters.

Frequently Asked Questions

What is the main topic?
The main topic is Mulvaney Capital Management's 82.97% return in 2024, as reported in an investor letter.
What commodities performed well?
Cocoa and coffee were the biggest gainers among commodities for the second consecutive year.
How did managed futures funds perform?
Managed futures funds returned 1.9% for 2024 to the end of November.

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