Monday, 31 August 2015
Last updated 14 min 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…