Phibro Hedge Fund Goes From 12% Loss To 12% Gain In Four Months

Feb 10 2011 | 5:02am ET

Astenbeck Capital Management, the firm run by former star Citigroup energy trader Andrew Hall, also swung from a double-digit loss to a double-digit gain as the year drew to a close. Westport, Conn.-based Astenbeck's flagship was down 12% through the end of August—but was up 12% by the time the ball dropped in Times Square. The fund returned 9% in September and then again in December to both begin and complete the turnaround.


In Depth

Fund Focus: Don’t Call K1T Capital A ‘Trend Follower’

Jul 10 2014 | 10:39am ET

You may call K1T Capital many things—systematic, quant-based, hedge fund—but...

Lifestyle

RenTech Founder Donation Establishes Quantitative Biology Institute

Jul 8 2014 | 5:19am ET

James Simons used math to make his fortune, and he’s dedicating some of it to...

Guest Contributor

As Hedge Funds Go Retail, Communications Is Key

Jul 2 2014 | 6:56am ET

The past two years have seen an explosion in the number of hedge fund managers rolling...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Service Providers


Publisher's Note