October 17, 2017

Hedge Funds Need an Oil Change

Future hedge fund manager?

Today’s Wall Street Journal says hedge funds need an oil change. Some of the best and the brightest got caught up in the trade going the wrong way on them. CHRISTIAN BERTHELSEN, JULIET CHUNG and HARRIET AGNEW write: A wrong-way bet on global oil prices has hit some of the crude market’s most high-profile investment […]