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24

Shorting Oil Is `Dangerous Trade,’ Says TT International’s Kumar

By Tony Seruga

Vikram Kumar, one of the world’s best-performing hedge-fund managers in 2015, said shorting oil is a “dangerous trade” after the recent decline in commodities prices.

“We have closed most of our oil-services shorts,” Kumar, a money manager at London-based TT International, said in a Bloomberg Television interview on Wednesday…

Shorting Oil Is `Dangerous Trade,’ Says TT International’s Kumar

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