Monday, 26 January 2015
Last updated 1 hour ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…