Oil Fund Cayler Posts 18% Gain in March as Iran War Roils Market

Oil fund Cayler Capital surged more than 18% in March in its second best month on record as the Iran war upended global energy markets and created avenues to profit.

As prices swung wildly, Cayler had about 7 days during the month where profits were down. But, overall gains in March means the firm is up about 11.4% so far this year, according to an investor letter seen by Bloomberg.