Jan
19
Meet the Energy Hedge Funds That Made Money While Oil Plunged
By-
Lansdowne Partners’s energy fund gained almost 15% in 2015
-
CTA Red Rock up 31% last year, half due to energy bets
The plunge in oil prices has dragged down much of the energy sector with it. Yet, some energy-focused hedge funds managed to avoid the carnage entirely.
Lansdowne Partners — one of Europe’s largest hedge funds with $22 billion — gained 14.8 percent last year in its long-short energy-focused equity fund, according to a person familiar with the matter. Some commodity trading advisers, or CTAs, posted gains of more than 25 percent in 2015…
Meet the Energy Hedge Funds That Made Money While Oil Plunged