Middle East Report


Andurand sees losses fall to 15% as crude climbs

Oil trader Pierre Andurand has seen year-to-date losses at his main Andurand Commodities Discretionary Enhanced fund shrink to 15% from more than 50% earlier in the year on the back of a resurgence in crude prices, according to a report

Millennium expands internship programme

Multi-strat major Millennium is looking to steal a march on its rivals in the ongoing hedge fund recruitment war, by ramping up its internship programme to allow it to grow and develop more talent in-house, according to a report by

Hedge fund euro shorts hit 11-month high

With investors betting that the European Central Bank has reached the end of its programme of interest rate hikes aimed at tackling inflation, hedge funds have upped their bearish wagers on the euro to the highest level seen in almost

Hedge funds unwind bets against gilts

Investors are becoming increasingly convinced that the Bank of England is coming to the end of its programme of inflation-tackling interest rate rises, with hedge funds unwinding bets against the UK’s £2.5tn government bond market as a result, according to


22 November, 2023 – 8:00 am

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