Oil hedge fund giant hammered
Oil Hedge Fund Giant Hammered in Crude’s Slide (The Wall Street Journal) A high-profile victim of the recent oil price rout is also one of the last oil hedge funds left standing. https://www.wsj.com/articles/oil-hedge-fund-giant-hammered-in-crudes-slide-1542292021 Pierre Andurand, who runs one of the last big oil-focused hedge funds, took significant losses in October as petroleum prices cratered. (Bloomberg) — Global oil consumption is in free-fall, heading for the biggest annual contraction in history, as more countries introduce uprecedented measures to fight the coronavirus outbreak. Andy Hall, a trader nicknamed the "God" of the oil and energy markets, is closing down his main hedge fund at Astenbeck Capital Management, CNBC has confirmed. The hedge fund posted large losses in the first half of the year, according to an earlier Bloomberg report. “This global pandemic is something the world hasn’t witnessed since 1918,” said Pierre Andurand, who runs oil hedge fund Andurand Capital Management LLP. “I do not see how the the demand drop wouldn’t be multiples of the drop witnessed during the global financial crisis.”
(Bloomberg) — Global oil consumption is in free-fall, heading for the biggest annual contraction in history, as more countries introduce uprecedented measures to fight the coronavirus outbreak.
16 Nov 2018 Yesterday The Wall Street Journal reported on an “Oil Hedge Fund Giant Hammered in Crude's Slide.” The $1 billion Andurand Commodities 5 days ago Hedging, in theory, protects producers from market declines by allowing Now, as the shale industry tries to pick up the pieces after the Saudi-Russia war for market share hammered crude, some of essentially costless -- a key consideration in such a capital intensive industry Best Large Cap Funds. 23 Jan 2019 SO the S&P got hammered too. The individual stock investors? They don't have the capital to play much of a role if oil's down and the hedge 6 days ago A $900m hedge fund run by H2O Asset Management suffered a large loss during this week's market rout, in the latest sign of rocky performance 5 Dec 2019 March 6 (Reuters) - Venezuelan state oil company PDVSA is struggling to deal with mounting crude stocks as Russian energy giant Rosneft 30 May 2019 Energy markets have fallen off hard, with crude oil down nearly 2% Thursday “ We see an abundance of escalation risks in large part because the U.S. pain,” said Helima Croft, managing director of RBC Capital Markets.
Oil Hedge Fund Giant Andurand Hammered in Crude’s Slide November 18, 2018 : Permanent Link (Financial News) One of the last oil hedge funds standing has become a high-profile victim of the recent rout in crude prices.
Hedge fund giant Elliott ramps up in wake of credit 'party' The financial crisis hammered hedge funds last year, but one of the industry's oldest firms not only survived but is set to raise However, only three years on from its last bruising refinancing, Premier is locked in a courtroom battle in Edinburgh with Asia Research and Capital Management (ARCM) — a $3.7bn hedge fund Oil Hedge Fund Giant Hammered in Crude’s Slide (The Wall Street Journal) A high-profile victim of the recent oil price rout is also one of the last oil hedge funds left standing. Pierre Andurand, “This global pandemic is something the world hasn’t witnessed since 1918,” said Pierre Andurand, who runs oil hedge fund Andurand Capital Management LLP.
(Bloomberg) — Global oil consumption is in free-fall, heading for the biggest annual contraction in history, as more countries introduce uprecedented measures to fight the coronavirus outbreak.
2 days ago As societies respond to the virus, oil demand -- already hammered by Oil traders, executives, hedge fund managers and consultants are revising said Saad Rahim, chief economist at oil trading giant Trafigura Group.
Yesterday The Wall Street Journal reported on an “Oil Hedge Fund Giant Hammered in Crude’s Slide.” The $1 billion Andurand Commodities Fund lost 20.9% in October and is now down more than 12% for the year. Down 20% in a month is brutal, but this performance is likely a lot harder on the fund than its investors.
Hedge fund giant Elliott ramps up in wake of credit 'party' The financial crisis hammered hedge funds last year, but one of the industry's oldest firms not only survived but is set to raise However, only three years on from its last bruising refinancing, Premier is locked in a courtroom battle in Edinburgh with Asia Research and Capital Management (ARCM) — a $3.7bn hedge fund Oil Hedge Fund Giant Hammered in Crude’s Slide (The Wall Street Journal) A high-profile victim of the recent oil price rout is also one of the last oil hedge funds left standing. Pierre Andurand,
The giant fund has net assets of $3.6 billion with a high expense ratio of 1.41 percent. So, who actually recouped and ended up outperforming on the hedge fund scene? Two funds in particular are worth your time, but keep this in mind: This year seems to be bucking the long-term trend of smaller hedge funds outperforming their bigger brethren. Yesterday The Wall Street Journal reported on an “Oil Hedge Fund Giant Hammered in Crude’s Slide.” The $1 billion Andurand Commodities Fund lost 20.9% in October and is now down more than 12% for the year. Down 20% in a month is brutal, but this performance is likely a lot harder on the fund than its investors. Hedge funds and money managers have been hit hard in the last couple of months as ultra-volatile markets have soured bets for most Energy Funds Hammered In Ultra-Volatile Oil Markets By Alex Oil Hedge Fund Giant Hammered in Crude’s Slide (The Wall Street Journal) A high-profile victim of the recent oil price rout is also one of the last oil hedge funds left standing. https://www.wsj.com/articles/oil-hedge-fund-giant-hammered-in-crudes-slide-1542292021 Pierre Andurand, who runs one of the last big oil-focused hedge funds, took significant losses in October as petroleum prices cratered. (Bloomberg) — Global oil consumption is in free-fall, heading for the biggest annual contraction in history, as more countries introduce uprecedented measures to fight the coronavirus outbreak.