Hedge Fund With ‘Fantastic Opportunities’ Targets 200% Return
- AAM Absolute Return bets against U.S. energy infrastructure
- Main long is in U.S. shale oil producers, sees true value now
Hedge Fund Focuses on Energy Stocks, Targets 200% Return
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A hedge fund in Oslo focusing on energy stocks says it can hardly get any better than right now.
The fund has loaded up on both long and short bets in a market with “very big mispricings,” Harald James-Otterhaug, chief executive officer at Oslo Asset Management, said in an interview last week.