Fidelity Whitepaper: Donating Special Assets
Service Providers
European Energy Hedge Funds Soar
August 22, 2008
Many hedge funds have suffered from the downturn in commodities prices. Not so European energy hedge funds.
Nine of 11 hedge funds investing in Europe’s electricity, coal, natural-gas and emissions markets surveyed by Bloomberg News are in positive ground through July, a month in which power prices fell 17% and coal prices 13%.
Energy Capital Management’s MMT Energy Fund is up 19.18% through July, followed by Nordic Commodity Funds’ Nordic Power Fund at 16.6%. Plenum Group’s Plenum Power Fund is up 13.36%.
Not all of the strategies’ funds are in the black. Alfakraft’s Alfa Energy Fund is down 17.9% and PCE Investors’ Cumulus Weather Fund is down 8.8% through June.
- Share:
-
-
-
-
-
-
-
-
-
-
Print This
Send This
ReprintsMore News
- Long/Short Funds Fall, Macro Funds Rise In June
- Och-Ziff Assets Drop As Funds Rise In June
- Pension Adviser Settles N.Y. Kickback Case
- Tahan Capital Readies Asian Credit-Focused Hedge Fund
- Hedge Funds To Benefit From Managed Account Technology
- SEC Ignored Internal Madoff Whistleblower, Too
- SEC Inspector General Favors New Hedge Fund Rules
- Report: Ruth Madoff Won’t Be Criminally Charged
- Hedge Fund COO Accused Of Stealing $250K
- Hedge Fund Manager’s Mansions Raided
- TCI Co-Founder Degorce To Launch Hedge Fund
- Facing Madoff Lawsuits, Merkin Sells Art Collection
- Collapsed Hedge Fund Basis Moves Forward With Liquidations
- Who Fans Launch Sovereign Debt Hedge Fund
- Global Custodian: Credit Suisse Named Top Prime Broker
Upcoming Events
This Week's Most Viewed
Guest Contributor
Hedge Funds To Benefit From Managed Account Technology
By Gurvinder Singh and Bijesh Amin -- Historically, despite all the cited benefits (liquidity, transparency, control over assets, independent pricing etc.), the managed account model has not attracted the best managers. More...
- How Much Transparency Do Hedge Funds Need?
- What Obama’s Regulatory “Overhaul” Means for Private Funds
- Private Equity Focus: Procurement 101 With A Twist
More guest contributors
Cleantech Corner
Former UBS Exec Founds Cleantech Investment Bank
Jeffrey McDermottJeffrey McDermott, formerly of UBS, has launched Greentech Capital Advisors, LLC, billed as a pure-play investment bank and advisory firm dedicated to alternative energy and cleantech companies. More...
- VCs Expect Growth In Green Technology
- Report: Private Equity Firms Bullish On Long-Term Outlook For Cleantech
- AfDB Invests $12M In Clean Energy Equity Fund
More Cleantech
