Natural gas market tempts hedge funds

Risk.net – The introduction of hydraulic fractioning technology could be a new dawn for natural gas, though some hedge funds have pulled back as prices remain in the doldrums.

Names such as Amaranth Advisors serve as a warning to those who bet big in this market. The Greenwich, Connecticut-based hedge fund imploded in 2006 after racking up more than $6 billion in losses on large bets in the natural gas market.

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