The “explosive” upward price movements in energy markets are helping power performance among machine-based hedge funds this year, as CTAs and trend-following strategies successfully lock onto strong price signals.
Energy-focused hedge fund manager Westbeck Capital Management’s flagship strategy has suffered its first monthly loss in eight months, after surging coronavirus rates in China, Europe and North America dented oil markets – but the fund remains up more than 70 per cent since the start of the year.
CME Group, the world's leading and most diverse derivatives marketplace, has announced that Micro WTI Crude Oil futures volume surpassed one million contracts on Friday, 6 August, 2021.
IS Prime has created a new spread index swap offering, allowing clients of the ISAM Capital Markets Group to trade indices and oil with variable spreads.
Energy-focused hedge funds are capitalising on oil’s continuing price surge, as the commodity hit its highest level since 2018 this week.
Hedge fund managers that trade across the oil market and energy equities spectrum have generated eye-catching double-digit returns this year, as bullish bets built around price rises driven by reopening economies pay off.
Altana Wealth, the credit, currency and special situations-focused hedge fund led by former Trafalgar Asset Managers co-founder Lee Robinson, is making bumper returns from distressed opportunities within the global oil services sector, where companies have been clobbered by Covid-19.
“Pandora’s box has opened”: Oil hedge funds target price shocks after Engine No. 1’s ExxonMobil triumph
The recent spate of victories by sustainability-focused shareholder activists against oil giants could spark renewed price volatility, heralding outsized opportunities for hedge funds betting on energy markets.
Commodities hedge fund Westbeck outflanks benchmarks, as oil correction offers “big buying opportunity” in Q2
The recent dip in oil markets is a “healthy correction” which heralds attractive buying opportunities, according to London-based commodities-focused hedge fund Westbeck Capital Management, which maintained its positive Q1 momentum despite March’s pullback.
London-based commodities-focused hedge fund Westbeck Capital Management has seen its flagship strategy surge in recent weeks, as oil prices continue to trend upwards.
Hedge funds which generated striking returns in volatile energy markets last year are now preparing for a major rebound in oil in 2021, with post-vaccine travel demand, potential inflation hedges, and surging emerging markets growth all combining to push prices higher this year and beyond.