David Coolidge may still be the king of U.S. natural gas hedge fund managers but his $2 billion Velite Capital has made less than half of last year’s money while one of his biggest rivals is headed for a loss in an unusually tricky year for traders.
Andy Rowe, former trader at Citigroup’s Smith Barney, also has a much smaller profit to show for this year than in 2011 at SandRidge Capital, another gas-focused fund in Houston……………………………………..Full Article: Source