Oil hedge fund andurand utoidmc

Oil hedge fund andurand

13.11.2020

Hedge71860

Pierre Andurand (born February 1977) is a French businessman and hedge fund manager, specialising in the oil market. In 2008 Forbes Magazine placed him in its list of the top 20 highest-earning hedge-fund managers. Andurand's funds have produced cumulative returns of 560% since 2008. His Andurand Commodities Fund, one of the oil market’s last remaining hedge funds, slumped about 8.4% last month, according to a person with knowledge of the matter. Pierre Andurand, a leading oil hedge fund manager, said that lack of investment in new production could lead to a situation where $300 per barrel oil is "not impossible" within the next few years. Pierre Andurand, one of the oil market’s last remaining hedge fund managers, posted his second consecutive annual loss with a 7.1% decline in 2019, according to people familiar with the matter.

His Andurand Commodities Fund, one of the oil market’s last remaining hedge funds, slumped about 8.4% last month, according to a person with knowledge of the matter.

23 Feb 2020 Back in 2008 Forbes Magazine placed Pierre Andurand in its list of the top 20 highest-earning hedge-fund managers. That was the year after 30 Apr 2018 Oil hedge fund manager Pierre Andurand believes that the reluctance of energy companies to invest in crude oil production could push oil price

The main oil-focused hedge fund of one of the best known oil traders, Pierre Andurand, incurred an 8-percent loss in January, the Financial Times reported on Friday, quoting three people with

26 Apr 2019 But the prominent oil hedge-fund manager lost big during last year's price slump. Pierre Andurand's $1bn Andurand Commodities Fund

Pierre Andurand, one of the oil market’s last remaining hedge fund managers, posted his second consecutive annual loss with a 7.1% decline in 2019, according to people familiar with the matter.

Pierre Andurand, a leading oil hedge fund manager, said that lack of investment in new production could lead to a situation where $300 per barrel oil is "not impossible" within the next few years. Pierre Andurand, one of the oil market’s last remaining hedge fund managers, posted his second consecutive annual loss with a 7.1% decline in 2019, according to people familiar with the matter. Prominent hedge funds such as Andurand Capital and Westbeck Capital Management were betting oil could skyrocket to $150 a barrel thanks in part to the potential loss of Iranian supply. However, physical markets are showing signs of strain as crude builds on ships and weighs on prices for spot cargoes. Pierre Andurand, the commodities investor who recently predicted that a supply squeeze could drive oil past $300 a barrel, saw his bullish bets fuel a huge performance swing at his flagship fund last month. Andurand's $1.2bn Commodities Fund returned more than 11% to investors in April, taking year-to-date gains to 4%, according to performance figures seen by Financial News.

Hedge fund manager Pierre Andurand began betting against oil three weeks ago due to the coronavirus outbreak, he told Reuters on Monday, reversing his multi-year bullish view.

5 Apr 2012 BlueGold Capital, one of the world's largest commodity hedge funds, The $1bn (£650m) fund, founded by oil trading stars Pierre Andurand 29 Aug 2010 hedge fund managers have shared a bonus pot worth £31.3m after an outstanding two-year run playing the oil markets. Pierre Andurand, 33 19 Jan 2016 One of the most profitable strategies has been to bet against the price of oil and other commodities. Hedge fund manager Pierre Andurand, 27 Mar 2015 Pierre Andurand. the founder of Andurand Capital Management LLP, told CNBC that he predicts that the oil could drop to $30 in the near term. 19 Jan 2016 Hedge fund manager Pierre Andurand, whose commodity-focused hedge fund gained 8 percent last year through Dec. 11, told investors last 4 Dec 2017 Pierre Andurand of Andurand Capital Sohn London presentation on oil. hedge fund portfolios, investment conference, oil, pierre andurand,