Nov 18 2005 | 8:49pm ET
The energy market has been the darling of Wall Street traders this year, with firms such as Goldman Sachs and Morgan Stanley making a killing on their proprietary trading desks. So it's no surprise that savvy hedge fund managers have been getting in on the action, and more are likely to do so in the coming months.
"The market is back, but back in a different way," said Peter Fusaro, chairman of Global Change Associates, a New York-based energy risk advisory firm. "Basically, we have had the exiting of electric utilities and we have seen energy commodity hedge funds come onto the market."
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…