Caxton, Moore Among May's Walking Wounded

Jun 8 2011 | 12:12pm ET

Add two more prominent names to the list of May's hedge fund casualties.

Caxton Associates and Moore Capital Management both suffered substantial drops last month, CNBC reports. The former's Global Investment fund was down 2.4% as of late May, while the latter's Global Investment fund was down about 3%.

They're not alone in ruing the not-so-very-merry month of May. Aspect Capital, Fortress Investment Group, Man Group, Mulvaney Capital Management, Odey Asset Management, Paulson & Co., Ping Capital Management, Renaissance Technologies, SVM Asset Management, Third Point and Tudor Investment Corp. all suffered losses, most in excess of the average hedge fund's decline of about 1.5% last month.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

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

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 
Error

From the current issue of