Sunday, 28 December 2014
Last updated 6 hours ago
Dec 27 2010 | 2:18am ET
November was a mixed month for the hedge fund industry, with some indices showing slight increases and others equally slight declines. For Brevan Howard Asset Management, last month brought the latter.
London-based Brevan, Europe's largest hedge fund manager until the consummation of the Man Group-GLG Partners merger earlier this year, saw its flagship drop 0.3% in November, The New York Times reports. The firm blamed the drop on "losses in interest rate trading, mainly in directional strategies."
The US$32 billion firm's BH Macro Limited Fund, a listed vehicle that invests in its flagship Master Fund, is up 1.43% this year.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.