Saturday, 27 December 2014
Last updated 2 days ago
May 8 2014 | 1:38pm ET
Astenbeck Capital Management is living up to its reputation for volatility.
The commodity hedge fund rose 3.1% in April, good enough to put it up double-digits for the year. The $3.4 billion fund is up 11.3% in 2014, after losing 8.3% last year.
Astenbeck continued to benefit from rising oil and gas prices. Most of the firm’s gains came in February, when it rose 7.7%.
In his letter to investors, Astenbeck chief Andrew Hall did not offer an update on his relationship with Occidental Petroleum, which owns Hall’s Phibro trading desk and a stake in Astenbeck. Occidental is thought to be mulling an end to its relationship with Hall, which began when it bought Phibro from Citigroup.
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.