Sunday, 26 October 2014
Last updated 1 day ago
Aug 6 2010 | 11:17am ET
A Cayman Islands-based hedge fund firm has launched a new hedge fund that seeks to profit from the growth in oil sands production.
Global Hedge Fund Group said it has launched an oil sands-backed vehicle. The firm noted that industry research shows that oil sands production should triple by 2025—a development expected to particularly benefit the Canadian oil industry.
The Canadian Association of Petroleum Producers said that Canadian crude production will rise by 300,000 barrels per day by 2015, but that oil sands production will rise by 900,000 barrels per day. Globally, oil sands production is expected to rise from 1.4 million barrels per day to 3.6 million barrels per day by 2025, according to CAPP.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.