Search Results for: Pierre Andurand

Pierre Andurand suffers heavy losses

Pierre Andurand suffers heavy losses following the recent oil rout in crude prices. Oil hedge fund giant, Pierre Andurand who manages the world’s largest oil fund Andurand Commodities Fund, predicted oil prices would reach 100 USD. But the market has proved Pierre Andurand wrong and the world’s largest oil trader is now holding the losing side of the trade. “Pierre Andurand’s $1bn Andurand Commodities Fund hemorrhaging 20.9% in that month alone leaving the fund in the red by 12% for the year” RAY DALIO Pierre Andurand suffers heavy losses with November being particularly painful for the high profile oil...

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