Energy Hedge Fund Center Now Tracking 330 Funds in Energy -New Trend is Emergence of Natural Resources Fund of Funds
Houston, TX (PRWEB) April 22, 2005 — The Energy Hedge Fund Center (EHFC) reports that it now lists more than 330 hedge funds active in the energy and energy-related industries with two to three new funds in formation each week. The Energy Hedge Fund Directory lists hedge funds that are either specialist energy funds or more diversified funds that have exposed more of their assets under management to the energy industry. The directory is actively maintained by EHFC staff and subscribers receive monthly updates.
Currently, EHFC has identified more than 100 hedge funds active in energy commodities markets and more than 70 that are pursuing energy focused equity long/short strategies. Additionally, the directory now lists a growing number of alternative energy and environmental or �green� hedge funds. About 90 of the listed hedge funds have a 100% focus on the energy industry while many more are active across commodities including electric power, natural gas, refined products, crude oil, metals and agricultural commodities. A recent important trend identified by EHFC analysts has been the rise in interest in energy by fund of funds which bring more conservative investor in to the energy industry. The number of fund of funds with a natural resources and/or energy focus has tripled in the last three months.
�The recent interest in energy on the part of fund of funds represents a maturation of hedge fund activity in the energy industry,� reports Dr. Gary M. Vasey. �Fund of funds generally offer more conservative investors access to a more diversified portfolio of energy and energy-related hedge funds often institutional investors. To date, many of the energy hedge funds appear to have been funded by wealthy private investors and family money.�
�We still anticipate over 300 new energy hedge funds entering the markets this year. They will trading energy commodities but also involved in distressed debt, carbon, emissions, and renewable energy trading as well as water trading,� said best selling author Mr. Peter C. Fusaro, and Chairman of Global Change Associates.
The Directory of Energy Hedge Funds is available on an annual subscription basis from the Energy Hedge Fund Center website at www.energyhedgefunds.com. EHFC staff provides regular online seminar briefings on hedge funds in the energy industry and the next online seminar is scheduled for May 10th, 2005. For more details, please visit the Energy Hedge Fund Center.
About the Energy Hedge Fund Center
(www.energyhedgefunds.com)
The Energy Hedge Fund Center (EHFC) is the first free web community specifically created for those interested in monitoring and understanding the activities of hedge funds in the energy industry. In our community users have access to news, articles, polls and other information on energy hedge funds and their activities. Members of the community receive a daily email highlighting site updates. The energy hedge fund directory is also available for subscription at the site. The EHFC was co-founded by Mr. Peter C. Fusaro of Global Change Associates and Dr. Gary M. Vasey of UtiliPoint International and it is actively moderated by Fusaro and Vasey. # # #
