Astenbeck Loses 3.8%, First Loss For Manager In 14 Years

Feb 10 2012 | 2:50am ET

One of the longest streaks of positive performance on Wall Street came to an end last year, with Astenbeck Capital Management's first-ever annual loss.

Astenbeck, which is run alongside the much older and more venerable Phibro commodities trading desk by Andrew Hall, lost 3.8% last year. Hall had posted positive gains every year since 1997.


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