Bloomberg News

Cheap Natural Gas Shuts Down Centaurus Fund

May 03, 2012

In today's "Off The Charts" Bloomberg's Scarlet Fu reports that John Arnold, the hedge-fund manager who became a billionaire betting on natural gas prices, said he’s closing his Centaurus Energy Master Fund “to pursue other interests.” Arnold shutters Centaurus as natural gas prices hover near 10-year lows, stifling returns. It’s the second major energy hedge fund to close in the last four weeks. She speaks on Bloomberg Television's "Inside Track." (Source: Bloomberg)

Running Time: 01:20

China's Killer Profits
blog comments powered by Disqus