Dorset Energy pairs trades for better returns
The $22m Dorset Energy fund is seeking European investors in a push of the portfolio, which is aiming for absolute returns from investing predominantly in the oil sector.
David Knott, portfolio adviser, said the fund is currently focusing on pairs trades, as it is finding few opportunities in any focused shorts.
Recently, the fund has been long on two key Canadian stocks, Canadian Natural and Talisman, and has been short on Spinnaker Exploration in the US.
The reasons for the long positions
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