Commodities, with structural risk visibility
Energy, metals and agricultural strategies with futures roll, basis risk and inventory exposure tracking.
Commodity strategies span futures, physical inventory, options overlays and basis trades. Roll yield can dominate spot return. Basis risk between physical and paper can be material. Storage and financing costs erode carry. Most commodity desks run on bespoke spreadsheets that capture positions but not the structural risk picture. Reuben AI provides futures-roll tracking, basis-risk monitoring, inventory and storage cost attribution and institutional reporting across the commodity portfolio.
Why this asset class needs a different operating model
Roll yield can dominate spot return. Contango and backwardation move return as much as spot price. Roll yield needs to be tracked and reported separately, not blended into headline return.
Basis risk is material. The gap between physical price and the nearest futures contract can move sharply. Basis risk needs to be tracked per location, grade and tenor.
Storage and financing erode carry. Physical inventory carries storage and financing cost that reduces net carry. Inventory positions need full cost attribution.
Concentration limits matter at multiple levels. Single-commodity, single-exchange and single-counterparty concentration all need monitoring with limits enforced continuously.
How Reuben AI covers it
Futures-roll tracking
Roll yield computed continuously per contract series with spot-vs-curve attribution and forward-curve scenarios surfaced for portfolio decisions.
Basis-risk monitoring
Physical-vs-paper basis tracked per location, grade and tenor with structured alerts on basis blowouts and correlation breakdown.
Inventory and storage attribution
Physical inventory positions tracked alongside paper exposure with storage, insurance and financing costs attributed to net carry per position.
Concentration enforcement
Single-commodity, single-exchange, single-counterparty and single-contract concentration limits enforced continuously with structured breach handling.
Institutional reporting
Daily NAV, monthly performance attribution and exposure-by-commodity reporting generated from the same trade, position and inventory data.
Relevance by fund type
VC
Niche
PE
Opportunistic
Private Credit
Niche
Growth Equity
Niche
Hedge Fund
Core
Infrastructure
Adjacent
Family Office
Adjacent
Emerging
Niche
CVC
Niche
Institutional
Adjacent
Related solutions
Common questions
Does Reuben AI handle physical commodity positions?
Yes. Physical inventory positions are first-class objects tracked alongside paper exposure with storage, insurance and financing costs attributed to net carry.
How is roll yield tracked?
Roll yield is computed per contract series with spot, curve and roll components broken out in performance reporting so headline return is fully decomposed.
Can it model basis risk?
Yes. Basis is tracked per location, grade and tenor with rolling correlation and structured alerts on basis blowouts.
See Commodities in Reuben AI
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