Pierre Andurand’s oil hedge fund lost 17.3 percent in the year through May as one of the world’s most prominent energy bulls suffered in the wake of last month’s OPEC meeting, according to a document outlining the fund’s performance.
London-based Andurand Capital Management LLP deepened its annual losses despite having sold its last bullish -- or long -- positions at the end of April, when the fund was already down 15.4 percent.
