UK Fund Loses 86% in February

March 17th, 2010
| More
Ebullio Capital Management, an entirely commodity-focused hedge fund, suffered its worst monthly performance since inception after losing in excess of 86 percent in February, according to Reuters. The February troubles bring the fund’s annual loses to over 95%. The firm has been very transparent about its poor performance, blaming it on “extraordinary circumstances”.

Ebullio was launched in 2008 with partners’ investment capital and invests purely in commodities through futures, options, and physical trading. The firm’s only fund, the Ebullio Commodity Fund, focuses on event-driven, technical and physical strategies in LME metals, Nymex Energy and Nymex Bullioni.
See Source
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News

More Recent Headlines

Euro Hedge Funds Cautious Amid Economic Concerns

Ramius Capital sees net redemptions for 2009 of $3,049 million

Hedge Fund Inflows Expected to Exceed Outflows for 2010

Toscafund Launching UCITS III Fund this Month

Steel Partners settles lawsuit with Carl Icahn

Active and Passive Activist Investors

Farallon Loses Some Managers, Gains Others

Lions Gate Fights Carl Icahn’s Efforts to Increase Stake

Hedge Fund Trends: Launches Outpace Liquidations, Incentive Fees Decline

Former Boston Provident Head Trader Pleads Guilty to Fraud