Economics
Ex-Goldman Trader Saiz’s Fund Assets Drop 86% Following Loss
This article is for subscribers only.
Vector Commodity Management LLP’s assets under management slumped 86 percent this year after losing money since 2011.
The energy hedge fund run by former Goldman Sachs Group Inc. trader Gilbert Saiz managed $43 million by the end of April, according to a letter to investors obtained by Bloomberg News. Its December statement showed assets of $318 million. Vector’s trading of mainly crude and oil products resulted in a