NEW YORK, Feb 6 (Reuters) - Prominent commodities trader Andy Hall's $5 billion hedge fund, Astenbeck Capital Management, rose over 4 percent last month, its highest gain since November, after a surge in platinum group metals prices, the fund said in a monthly letter to investors.

Hall said he anticipated PGMs 'have much further to travel' after last month's rally. Platinum had its best month in a year in January, rising 9 percent.

'January has turned out to be a good month for most risky assets and our portfolio has benefited accordingly,' Hall wrote in the letter dated Feb. 1 and seen by Reuters on Wednesday.

(Reporting By Barani Krishnan. Editing by Andre Grenon) Keywords: HEDGEFUND PLATINUM/ASTENBECK

(Barani.Krishnan@thomsonreuters.com)

COPYRIGHT

Copyright Thomson Reuters 2013. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.