
The name of hedge fund manager Pierre Andurand is unfamiliar to most American investors. But it shouldn’t be; he is right more often than he is wrong on commodities - and in a big way - with his Andurand Capital funds.
Despite a loss last year, his main fund has an annualized net return from its inception in June 2019 of 34%. One of his funds enjoyed blockbuster gains in excess of 100% in the year through March 2022, thanks to rising oil prices.