07.08.2015 - The 'God' of oil trading is getting crushed by the commodities slump
A commodities hedge fund run by star trader Andy Hall is getting hammered by the collapsing oil price. Hall's Astenbeck Capital Management fund lost about 17% in July, Reuters reports, citing an investor letter. That is the second largest loss the fund has ever experienced. Its assets under management are now about $2.8 billion, down from $500 million in June, according to Reuters. The oil fund also posted losses in May and June, according to Reuters...............................................Full Article: Source
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