Andurand, Westbeck Hedge Funds Soar on Back of Commodities Rally
- Westbeck’s energy pool boosted its 2021 gains to triple digits
- Commodity-focused funds beat every sector but crypto last year
Photographer: Anthony Harvey/Getty Images
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Commodities trader Pierre Andurand capped another strong showing in 2021, with one of his hedge funds returning 87%, according to two people with knowledge of the matter.
The advance by the Andurand Commodities Discretionary Enhanced Fund followed a gain of 154% in 2020. His older Andurand Commodities Fund closed 2021 up 36%. The Andurand Climate and Energy Transition Fund, formed in July, returned 28%, the people said.