Bad bets on oil, gas spark wave of energy-fund closures

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Bad bets on oil, gas spark wave of energy-fund closures
l rig18 January 2019, News Wires — Energy fund managers took heavy losses last year with wrong-way bets on the prices of oil and natural gas, leading to a wave of closures in the volatile fund sector. The number of active energy-focused funds fell to just 738 in 2018 through September from about 836 in … More »
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