Energy Hedge Fund Center

According to data provider Hedge Fund Research, specialist commodity hedge funds account for 13.6% of macro funds globally. The sector is on the rise but has a history of mixed performance as a result of supply and demand fluctuations. Futures brokerage Newedge’s benchmark Commodity Trading index said that this year, commodity hedge funds have declined ... Read More

By Chanyaporn Chanjaroen and Lars Paulsson Nov. 4 (Bloomberg) — Kieran McKenna, who traded oil for Credit Suisse AG and JPMorgan Chase & Co., started a hedge fund that will accept money from outside investors next month, according to Mastic Investment Advisory AG, his new company. The Mastic Commodity Fund, based in Zug, Switzerland, will ... Read More

Hedge funds ended a brutal two-month losing streak in October, but missed out on the spectacular stock market rally. The average hedge fund added 0.81%, Hedge Fund Research’s HFRX Global Hedge Fund Index shows. That’s a welcome respite from August and September, when the index fell 3.47% and 2.99%, respectively. But it came amidst an ... Read More

The third quarter proved a forgettable one for Fortress Investment Group. The New York-based alternative investments giant said its quarterly loss soared more than 40% for the year-earlier period to $381.9 million. Distributable earnings fell from $78 million to $43 million, while segment revenue dropped 24% to $145 million—despite a $15 million jump in management ... Read More

Ecofin Limited, an investment management firm specialising in the global utility, infrastructure, energy and alternative energy sectors, launched the Ecofin Global Oil & Gas Fund. This Cayman registered fund employs a long/short equity strategy, close to market-neutral. It offers monthly liquidity and launched with USD32m of AUM. The Ecofin Global Oil & Gas Fund (the ... Read More

A little-noticed boom has accompanied the rise of exchange-traded funds – a surge in indexes those ETFs track. There are now more than 1,000 ETFs in the U.S., with more created every month. But in the ETF market, new is what creates the buzz – there’s not much demand for yet another ETF that tracks ... Read More

Oct. 31 (Bloomberg) — Hedge funds increased bullish bets on West Texas Intermediate oil to the highest level since May on expectations the gap between the U.S. benchmark price and Brent, the standard for more than half the world’s crude, will continue to narrow. Money managers boosted net-long wagers in futures and options by 15 ... Read More

David Tepper is the founder of the hedge fund Appaloosa Management. Since it was founded, Tepper has generated enormous returns. But how did he start? He graduated in Economics from the University of Pittsburgh. Since he was in college, he started developing systems to trade options. His skills first took him to Republic Steel Corp. ... Read More

CHICAGO: Hedge funds increased bullish bets on commodities by the most last week since August on mounting optimism the global economy will avoid another recession, boosting prospects for raw-materials demand. Money managers raised combined net-long positions across 18 US futures and options by 12% to 737,647 contracts in the week ended October 18, Commodity Futures ... Read More

By Whitney Kisling and Matt Walcoff Oct. 24 (Bloomberg) — Chemical, metal and agricultural companies around the world have fallen to valuations whose only precedent came in the last recession. Commodity producers in the MSCI All-Country World Index lost 21 percent since the second quarter and trade for 10.6 times reported income, cheaper than 96 ... Read More