Wednesday, 23 July 2014
Last updated 8 hours ago
Mar 4 2011 | 10:41am ET
While U.S. stocks have soared in the early going of 2011, SAC Capital Advisers is taking it slow and steady.
The Stamford, Conn.-based hedge fund giant's flagship strategy rose 1.15% last month. By contrast, the Standard & Poor's 500 Index returned 3.4% in February.
In January, SAC, which manages about $13 billion, returned 1.75%, also trailing the S&P500, which rose 2.3% that month.
SAC returned 15.85% last year, narrowly beating the S&P500.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…