Former Amaranth trader faring much better now
Remember Brian Hunter, who went from earning $80 million as an energy trader for Amaranth to the rogue's hall of shame when his massive bets on a big fall in natural gas prices didn't turn out well? Well, after some fits and starts, he's faring much better now. Hunter joined Peak Ridge Capital Group in September as an adviser to a new commodity hedge fund. The fund was up 17 percent in April, thanks to Hunter's natural gas bets, according to HedgeFund.net. The fund is up nearly 140 percent since he arrived on the scene. It's a feast-or-famine sort of industry.
For more:
- here's the HedgeFund.net article
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