Pierre Andurand’s flagship hedge fund, Andurand Commodities Discretionary Enhanced, surged roughly 20% in the first half of March, fuelled by bullish positions on crude oil amid heightened Middle East tensions, according to a report by Bloomberg.
The report cites unnamed sources familiar with the matter as saying the the performance lifted the fund’s year-to-date return through 13 March to around 19%. The firm reportedly declined to comment.
The rally in Brent crude came as a joint US-Israeli st...
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.