Withdrawals causing energy hedge funds to collapse
(Bloomberg) (02-07-2010)
July 2
(Bloomberg) – A number of energy hedge funds in Europe have been
forced to near collapse as investor withdrawals have made managers
to pare bets amid sliding prices for oil, coal and electricity.
At least six
funds managing more than $158 million shut in the first half,
including four in May and June, according to data compiled by
Bloomberg. London-based Rampart Capital LLP succumbed after failing
to reach “critical mass” within nine months of......
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