Monday, 22 December 2014
Last updated 1 hour ago
Jul 20 2011 | 11:23am ET
Soros Fund Management's flagship hedge fund has about three-quarters of its assets in cash as the New York-based firm waits out the economic uncertainly in hopes of finding better opportunities.
A 6% loss through mid-June pushed Keith Anderson, the manager of the $25.5 billion Quantum Endowment Fund, to pull back. He ordered his portfolio managers to cut back on their trades, Bloomberg News reports, leaving the fund about 75% cash, one of many hedge funds overweight cash amidst perplexing economic times.
Moore Capital Management is another; the firm cut risk after it lost about 6% in the first half.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.