27.06.2011 Opalesque Exclusive: Sasco energy hedge fund bucks trend, returns positive in May (4.7%) despite oil price drops
Benedicte Gravrand, Opalesque Geneva:

Markets are scared by the recent drops in oil prices; the Greek debt crisis (and the euro still falling); China’s inflation (though Chinese Premier Wen Jiabao has just declared efforts to stop it have worked); and the Middle-Eastern uprisings. To own oil, one must believe that the global economy is stable or growing. Investors who stop believing it will s

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