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Top funds dealt double-digit losses in oil routSeveral commodity hedge fund titans suffered double-digit losses last week as oil fell by a near-record $16, money managers who invest in the funds said. While some of the losses will likely be recovered after Monday's price rebound of nea More… |
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Commodities fund loses $400m in oil slideClive Capital, the world's largest commodity hedge fund, lost more than $400 million due to the collapse of the price of oil last week, according to the Financial Times on Sunday. The London-based fund, which manages an estimated $5 billio More… |
