26-10-2016 11:35 via uk.news.yahoo.com

Lansdowne's Roden says not bullish on energy long term

UK hedge fund Lansdowne Partners Chairman Stuart Roden said on Wednesday he was not bullish on energy prices in the long term despite crude oil prices hitting a 15-month high last week. "We are still long-term negative," he told Reuters on the sidelines of the Sohn Conference in Tel Aviv. "Our positions in our portfolio are less negative than they were because it kind of played out." Roden also said Lansdowne, which has $20 billion under management, still prefers stocks over bonds and said that
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