Hedge Funds

Commodities Hedge Fund Westbeck Outflanks Benchmarks, As Oil Correction Offers “big Buying Opportunity” In Q2

by hedgeweek.com posted 5months ago 157 views
Commodities hedge fund Westbeck outflanks benchmarks, as oil correction offers “big buying opportunity” in Q2 Submitted By Hugh Leask | 14/04/2021 - 3:36pm The recent dip in oil markets is a “healthy correction” which heralds attractive buying opportunities, according to London-based commodities-focused hedge fund Westbeck Capital Management, which maintained its positive Q1 momentum despite March’s pullback. The Westbeck Energy Opportunity Fund – which trades oil markets using a long/short directional approach across equities, futures and options – gained 6.2 per cent last month, outflanking industry benchmarks Brent (Total Return), which lost 1.4 per cent in March, and XOP, which added 1 per cent.

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