Véronique’s education is listed on their profile. "Andurand Capital is led by Pierre Andurand, one of the world’s most renowned oil and energy traders, previously CIO of BlueGold Capital". A second fund that gives Mr. Andurand more leeway to take risk gained 154%, the person familiar with the matter said. ANDURAND CAPITAL MANAGEMENT LLP | 1,071 followers on LinkedIn. Before becoming a financial scribe, I was a member of the fateful 2008 analyst class at Lehman Brothers. If it does it would be very short lived. Andurand added that he then realised there was a "strong probability of containment measures" that would likely slam the brakes on global oil demand -- and spark a chain reaction that would tank the market. Facebook Twitter Instagram Linkedin RSS. CIO. In one particularly successful year’s trading, Andurand’s bonus payment was $20 million. The LLP is led by Pierre Andurand, one of the world’s most renowned oil and energy traders. Consultez le profil complet sur LinkedIn et découvrez les relations de Patrick, ainsi que des emplois dans des entreprises similaires. In October 2007, Andurand co-founded the hedge-fund investment group BlueGold. Also learn how He earned most of networth at the age of 43 years old? Class of 2000. Pierre Andurand’s oil hedge fund stormed back in 2020 after two years of losses to post its biggest-ever gain (68.6% & 154% in Enhanced Fund) as the… Liked by Alexander Atepolikhin I am very excited and honored to announce that I have started today my new position as Cluster Director of Sales & Marketing for Grand Hyatt Bali… See the complete profile on LinkedIn and discover Christian’s connections and jobs at similar companies. There are 387,000+ professionals named "Pierre", who use LinkedIn to exchange information, ideas, and opportunities. This has been against a challenging backdrop for many peers in the space, some of which have shut down. Learn How rich is He in this year and how He spends money? You may opt-out by. Pierre Andurand. There are 5 professionals named "Pierre Andurand", who use LinkedIn to exchange information, ideas, and opportunities. Pierre Andurand’s oil hedge fund stormed back in 2020 after two years of losses to post its biggest-ever gain (68.6% & 154% in Enhanced Fund) as the… Liked by Alexander Atepolikhin I am very excited and honored to announce that I have started today my new position as Cluster Director of Sales & Marketing for Grand Hyatt Bali… Consultez le profil professionnel de Pierre Andurand sur LinkedIn. Yet it has not all been plain sailing. Andurand had previously correctly forecast that oil prices would strike a record peak of $147 per barrel in 2008. View Pierre Dandurand’s profile on LinkedIn, the world’s largest professional community. As financial markets went haywire, energy commodities took a brutal leg down when a price war broke out within the Organization of the Petroleum Exporting Countries, as Saudi Arabia challenged Russia by flooding the market with oil. Andurance Ventures LLP | 175 followers on LinkedIn | Andurance Ventures is a Limited Liability Partnership authorised and regulated by the Financial Conduct Authority to advise investors in technology ventures with a strong focus on digital knowledge and content management start-ups in the consumer and enterprise space. The LLP is led by Pierre Andurand, one of the world’s most renowned oil and energy traders. West Texas Intermediate crude hit a historic low of minus $40.32 per barrel on April 20 as sellers were forced to pay to offload the May contract amid scarce storage capacity. Class of 2000. “The problem with this virus is that as more people get it, the probability of a mutation goes up,” says Andurand, “That's why I think the strategy that a few countries had to let it spread was totally crazy.”. See the complete profile on LinkedIn and discover Clement’s connections and jobs at similar companies. “The street was really oblivious to what's going on,” Andurand tells Forbes. French oil trader Pierre Andurand was catapulted into the spotlight this year after correctly betting that the deadly novel coronavirus would spark a sub-zero oil market collapse. “Russia and most of the OPEC members were oblivious to [Covid] as well,” reflects Andurand, “They didn't realize the impact on demand.”. Andurand, the 43-year-old founder of London-based Andurand Capital who runs two multi-million-dollar funds, bet in February that the deadly COVID-19 outbreak could represent a rare "black swan" event that would send prices into reverse. There are 388,000+ professionals named "Pierre", who use LinkedIn to exchange information, ideas, and opportunities. But just be careful out there.". Impact 50: Investors Seeking Profit — And Pushing For Change. Consultez le profil complet sur LinkedIn et découvrez les relations de pierre, ainsi que des emplois dans des entreprises similaires. […] Speaking to AFP, Andurand indicated the forensic detail of his market analysis. My beat includes hedge funds, private equity, fintech, mutual funds, mergers, and, I’m a staff writer and associate editor at Forbes, where I cover finance and investing. His funds have lost money in recent years in choppy trade -- and had also initially faltered at the start of this year. Help Pierre end the water crisis by donating or joining our monthly giving community, The Spring, for as low as $5/month. Many thanks to Niederer Kraft Frey for taking a leap of faith! MSc Internationl Finance. Diplômé du MSc International Finance d’HEC en 2000, Pierre Andurand est le fondateur d’Andurand Capital, un prestigieux hedge fund opérant sur les matières premières. 8 Décembre 2017 Vous avez créé votre fond très jeune après avoir fait vos armes à Goldman Sachs. ... LinkedIn . Now he's setting his sights on clean energy. The Andurand Commodities Discretionary Enhanced strategy rose a spectacular 154.1 per cent in the same period. He was generally bullish on the idea that oil had hit bottom, but fearful of a second Coronavirus wave. Pierre has 3 jobs listed on their profile. View Nina Lindqvist’s profile on LinkedIn, the world’s largest professional community. Im Profil von Art Sales Michel ist 1 Job angegeben. At the end of the day it’s about demand, “ says Andurand of clean energy. French oil trader Pierre Andurand was catapulted into the spotlight this year after correctly betting that the deadly novel coronavirus would spark a sub-zero oil market collapse. See the complete profile on LinkedIn and discover Pierre’s connections and jobs at similar companies. French oil trader Pierre Andurand was catapulted into the spotlight this year after correctly betting that the deadly novel coronavirus would spark a sub-zero oil market collapse. Andurand Capital Management LLP is a private fund management company in fundamental commodity strategies with a specialisation in the oil and energy complex. In fact, Andurand is bearish on the long-term prospects of oil and sees renewable energy at the market to go long. Follow our special coverage of Coronavirus pandemic in India and get news updates from around the world. The trader said he had realised "at an early stage" that the COVID-19 pandemic would be "hard to stop" for governments across the world. Pierre Andurand then moved to London in 2004 and was made a partner. For weeks, Andurand, a French-born mathematician with a masters degree in mathematical and theoretical physics from Oxford University, had been applying his rigorous analysis of data—normally used to spot trends in financial markets—to Covid studies published in journals like The Lancet and the New England Journal of Medicine. The Financial Times described him this month as a "comeback kid" who "performs best when markets are at their most volatile". But he’s starting to move on from the carbon industry as the regime change towards renewables accelerates. The ensuing glut of supply, he predicted, would quickly overwhelm storage capacity at hubs like Cushing, Oklahoma, creating an almost existential problem for anyone long the commodity and taking delivery. Discover Pierre Andurand's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Consultez le profil complet sur LinkedIn et découvrez les relations de Pierre, ainsi que des emplois dans des entreprises similaires. Such restrictions, however, would sap some $20 billion a day in oil demand worldwide due to plunging orders for jet fuel and commercial and passenger transport. The Andurand Commodities Fund, the main strategy of high-profile oil hedge fund manager Pierre Andurand, surged 68 per cent last year – a strong return to form for the fund after suffering annual losses in recent years. All Rights Reserved, This is a BETA experience. Pierre Andurand, the well-known head of commodities-focused fund manager Andurand Capital Management, is cautioning of “crazy losses” as oil markets continue to suffer unprecedented shocks, warning: “Be very careful out there.” Follow me on Twitter at @antoinegara, © 2021 Forbes Media LLC. To truly understand Pierre Andurand’s performance pullback in 2018, it’s necessary to look at his longer-term track record. “I think it's a sustainable business, both for the environment and financially.”, I’m a staff writer and associate editor at Forbes, where I cover finance and investing. Pierre Andurand generated extraordinary gains in 2020 trading oil. Share to Linkedin; With the price of crude oil sinking below $30 a barrel to 12-year lows a year ago, oil trader Pierre Andurand turned bullish, believing oil prices were set to rebound. Founder and CIO Andurand Capital. There are 387,000+ professionals named "Piërre", who use LinkedIn to exchange information, ideas, and opportunities. In March, oil markets briefly went negative, as Andurand had predicted, and the industry faced its deepest slump in decades. Pierre Andurand Photographer: Anthony Harvey/Getty Images for The New York Times The returns, the best since Andurand’s main fund made 38% in 2014, mark a … Andurand had a dire prediction for his peers: Oil could trade at negative prices if the world entered lockdowns as Covid-19 spread further. While Andurand entered the new year unwilling to get substantially long energy markets, he’s found opportunity in commodities that touch the clean energy revolution. ICIJ’s investigations are supported by readers like you. Conversations today could lead to opportunity tomorrow. pierre a 1 poste sur son profil. Share to Linkedin; With the price of crude oil sinking below $30 a barrel to 12-year lows a year ago, oil trader Pierre Andurand turned bullish, believing oil prices were set to rebound. Pierre Andurand. Pierre Andurand Photographer: Anthony Harvey/Getty Images for The New York Times The returns, the best since Andurand’s main fund made 38% in 2014, mark a … “For COVID, there is the vaccine,” says Andurand, “But for climate change, it gets worse every year, and then you get stuck… The price to put carbon in the atmosphere should be really punitive.”. Pierre Andurand is the founder and Chief Investment Officer of Andurand Capital. View Pierre Andurand’s profile on LinkedIn, the world’s largest professional community. View Clement DOMINGO’S profile on LinkedIn, the world's largest professional community. Learn How rich is He in this year and how He spends money? Pierre Andurand is Chief Invsmt Ofcr/Mng Partner/Founder at Andurand Capital Mgmt LLP. The MSc clearly opened the door for me to obtain several job offers: Equity Derivatives Trading at Deutsche Bank and Commodities Trading at Goldman Sachs . Pierre Andurand, one of the world’s best-known oil traders, has suffered a big loss in his hedge fund during a turbulent start to 2020 for energy markets. Also learn how He earned most of networth at the age of 43 years old? Auf LinkedIn können Sie sich das vollständige Profil ansehen und mehr über die Kontakte von Art Sales Michel und Jobs bei ähnlichen Unternehmen erfahren. “A lot of companies will be profitable. twitter. Some analysts warn however that oil remains vulnerable to a second wave of coronavirus that could further damage the global economy and energy demand. Pierre Andurand. Découvrez le profil de Pierre ANDRE sur LinkedIn, la plus grande communauté professionnelle au monde. Pierre Andurand’s track record makes his strategy one of the top performers in any category – and not only within the commodities space. LinkedIn; Copy Link; Markets Crude Collapse Hands Payday to Oil Trader Pierre Andurand Trading firm among a clutch of commodities hedge funds to … (Bloomberg) --Pierre Andurand’s oil hedge funds stormed back in 2020 to post their biggest-ever gains as the global pandemic roiled energy markets. He was the top oil trader in the company. View Christian Klein’s profile on LinkedIn, the world’s largest professional community. “We think that oil demand will peak around 2027, then be stable for a few years. See Pierre Andurand's compensation, career history, education, & memberships. […] Andrena has 7 jobs listed on their profile. Pierre was previously Chief Investment Officer at BlueGold, a global commodities hedge fund which at its peak managed over $2 billion USD, and which Pierre co-founded with Dennis Crema in … "Andurand Capital Management LLP is a private fund management company in fundamental commodity strategies with a specialisation in the oil and energy complex". Pierre Andurand’s track record makes his strategy one of the top performers in any category – and not only within the commodities space. Andurand Capital Management LLP is a private fund management company in fundamental commodity strategies with a specialisation in the oil and energy complex. By April, with governments enacting stimulus and markets having hit extreme lows, Andurand’s hedge fund exited the short trade and spent the remainder of the year largely in cash. Andurand's funds have sky-rocketed in value on the back of his remarkable prediction, winning a three-digit percentage since the start of the year. Pierre Andurand is the founder and Chief Investment Officer of Andurand Capital. Patrick a 7 postes sur son profil. As he parsed the studies, he concluded that the medical community was underestimating the burdens Covid would place on hospitals and intensive care units. Grâce à LinkedIn, le plus grand réseau professionnel mondial, les professionnels comme Pierre Andurand peuvent découvrir des candidats recommandés, des experts du secteur et des partenaires commerciaux. Coronavirus was spreading like wildfire through Asia and Europe. Andurand is also a believer that the emissions regime is essential to putting a fair social price on climate warming pollution. Andurance Ventures is a Limited Liability Partnership authorised and regulated by the Financial Conduct Authority to advise investors in technology ventures with a strong focus on digital knowledge and content management start-ups in the consumer and enterprise space.