SAC Up 1.15% In February

Mar 4 2011 | 11:41am 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.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of