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COPYRIGHT 2006 Hart Publications, Inc.
As capital providers push to continue meeting the needs of a burgeoning oil and gas industry, the results have been more non-traditional players on the scene and blurred boundaries between different types of investment vehicles. Hedge funds are one vehicle giving investors pause, a panel told annual Cambridge Energy Research Associates conference attendees in Houston last month.
"If you look at volatility in the marketplace, short-term, given the bullish view, the implications for the securities market are strong--but long-term, structural issues are giving some investors pause," said Andrew Safran, head of Citigroup's...
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