Ben Cleary, Portfolio Manager of the Tribeca Global Natural Resources Strategy, spent ten days post “Liberation Day” (2 April 2025) meeting with members of the United States Congress, current and former White House staff, public policy institutes and industry leaders across Washington and Houston. The bottom line is that he sees an impending commodity supercycle as US exceptionalism fades, the USD moves lower and raw materials/energy continue to be weaponised. He is very comfortable with the positioning of the fund and thinks it is time to be adding exposure. Please find his full trip notes at the link below.
Tribeca Global Natural Resources Limited
(ASX: TGF)