Monday, 25 May 2015
Last updated 2 days ago
Jan 4 2011 | 2:22pm ET
RAB Capital has been hard-pressed for good news in recent years. But the troubled London-based hedge fund manager may well be able to boast the top-performing hedge fund of 2010, according to an early report.
RAB's Energy fund was up 42.9% with just nine days to go in the calendar year, according to HSBC's Alternative Investment Group. The fund is managed by Mark Redway and Gavin Wilson.
Redway and Wilson had a substantial lead over the second-best hedge fund in the HSBC report, the Tulip Trend managed futures fund helmed by Harold de Boer, which was up 38.8% through Dec. 24.
Henderson Global Investors' European ABS Return Fund was up 34.8% through the middle of December. Moore Capital Management's Emerging Equity Fund, managed by former GLG Partners star manager Greg Coffey, was up 31.7% through Dec. 16. Third Point's Offshore fund was up 31.5% through Dec. 21.
Other notable hedge funds among HSBC's top performers were CQS' Directional Opportunities Fund, up 27.44% through Nov. 12, BlackRock's Obsidian Fund, up 25.7% through Oct. 31, Henderson's U.K. Equity fund, up 25.01% through Nov. 25, HSBC's European Alpha Fund, up 22.53% through Nov. 26 and Appaloosa Management's Palomino Fund, up 20.64% through Oct. 31.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…