Monday, 24 November 2014
Last updated 5 min ago
Sep 17 2010 | 6:36am ET
After two awful months, SandRidge Capital posted a sizeable gain in August—but remains down double-digits for the year.
The Texas-based energy hedge fund, which has seen its assets under management drop about 30% to $700 million since June, returned 7.2% last month. The turnaround likely came from short bets against natural gas, which fell 22% in August, Reuters reports.
Those same short bets are thought to have been what burned SandRidge badly earlier this summer. The fund lost about 15% in June and 19% in July. SandRidge is down 17% on the year.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...