(Bloomberg) Pierre Andurand, one of the oil market’s last remaining hedge fund managers, suffered further losses in November, putting his fund on the cusp of the first annual decline since its inception five years ago. The Andurand Commodities Fund fell 5.9 percent last month, deepening the decline for this year to 17 percent, according to person familiar with the matter. A spokesman for the investment firm declined to comment.
Andurand Oil Hedge Fund Is Said to Lose 17% in First 11 Months
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