Thursday, 25 December 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.