Clive Creamed By Precipitous Drop In Oil

May 9 2011 | 1:33pm ET

Plummeting oil prices wiped out Clive Capital's year-to-date gains last week, leaving the world's largest commodity hedge fund almost 10% lighter than it had been at the beginning of the week.

The London-based firm, which has about US$5 billion in assets under management, told investors on Friday that it lost 8.9% last week, or more than US$400 million.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    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…