Houston energy hedge fund AAA Capital to close at year’s end

Reuters – Energy hedge fund AAA Capital Management Advisors will shut its doors and return investor money at the end of the year as traders continue suffering lackluster returns amid a structural change in energy markets.

A. Anthony Annunziato, the fund’s president, said on its website after 17 years of managing money, “I have decided to return investor capital and retire from the asset management industry by the end of 2014.”

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