{"id":5043,"date":"2006-09-20T00:00:00","date_gmt":"2006-09-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-manager-steers-clear-of-natural-gas","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/09\/2006\/hedge-fund-manager-steers-clear-of-natural-gas.html","title":{"rendered":"Hedge fund manager steers clear of natural gas"},"content":{"rendered":"<p>  Globe and Mail &#8211; Not every hedge fund manager is betting the farm on natural gas.<\/p>\n<p>  New York-based Van Eck Global Absolute Return Advisers Corp. certainly isn&#8217;t. The company, which has been offering alternative investments for more than 50 years, runs a number of funds, including  those that invest in both commodities and commodity stocks. It manages about $4-billion (U.S.) in assets.<\/p>\n<p>  &#8220;We think short term that energy is not necessarily where we like to be,&#8221; said Charl Malan, senior analyst at Van Eck. And that decision is driven purely by the fundamentals for natural gas. &#8220;The  fundamentals we see are showing us that natural gas is going to be weak,&#8221; between now and the end of the year, he added. It has no position in natural gas.<\/p>\n<p>  Van Eck&#8217;s near-term view of gold is more upbeat and it&#8217;s betting on big gains. The firm considered gold overvalued when it was trading around $720 (U.S.) an ounce and more in mid-May but it fell to  a close of $583.20 on the New York Mercantile Exchange yesterday.<\/p>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/2-0&amp;fd=R&amp;url=http:\/\/www.theglobeandmail.com\/servlet\/story\/LAC.20060920.RVANECK19\/TPStory\/Business&amp;cid=1109644527&amp;ei=iAQRRbq5NqaIoALtwa2EBA\">ReadComplete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Globe and Mail &#8211; Not every hedge fund manager is betting the farm on natural gas. New York-based Van Eck Global Absolute Return Advisers Corp. certainly isn&#8217;t. The company, which has been offering alternative investments for more than 50 years, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5043","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5043"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5043\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}