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Exclusive: Astenbeck hedge fund down 14 percent in "Mensis Horribilis"
JAY GORY, MANAGING EDITOR, business
(Reuters) - Andrew Hall's $3.1 billion commodity hedge fund lost 14.4 percent in May, as crude prices tumbled a month after the legendary energy trader told investors he was bullish on oil because of tightening global supplies, according to sources familiar with the fund's performance. The poor showing in May for Hall's Astenbeck fund - the second-largest monthly loss in its history - means it was down 6.4 percent for the year through May 31, fund data given to Reuters shows. ... read more


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