Author: IT Admin

For the second consecutive year, Massar Capital Management is announced as the winner for “Macro Under $1bn” at the 2021 HFM US Performance Awards.
The HFM US Performance Awards are the most important and influential awards in the US hedge fund calendar, with the best performing funds all vying for industry-wide recognition and celebration.
The awards recognize both hedge fund and fund of hedge fund performance, covering all areas of hedge fund strategy, from credit and equity to macro and managed futures.

Click here to read the full article

Oil traders are betting that longer-term crude prices could be set to spike because of a lack of investment in future supply.

Since hitting their high for the year last month, the most-active oil futures have fallen almost 5%. By comparison, those for late 2022 and 2023 have barely moved, sticking above $70 a barrel.

With nearby contracts rattled by U.S.-led efforts to boost supply — and the potential for an OPEC+ backlash — those further out are being boosted by dwindling investment in production, and a dearth of producers selling deferred futures to lock in their future sales.

Click here to read the full article