Wednesday, 1 October 2014
Last updated 56 min ago
Sep 2 2011 | 11:42am ET
Most hedge fund managers will spend the long weekend decrying their bad fortune last month—most, but not all.
Two of the industry's biggest names posted positive returns in August, as stocks slid and the average hedge fund took a beating. Citadel Investment Group's flagship hedge funds continued their renaissance, while Renaissance Technologies also raked it in in its two largest funds.
RenTech's Institutional Equities Fund rose 5.4% last month while its Institutional Futures Fund added 6.6%. The funds are up an impressive 25.6% and 9.16%, respectively, for the year.
Ctiadel's Kensington and Wellington funds rose a more modest 1% in August, and are up 15% on the year. The firm's Global Equities Fund returned 1.6% last month to reach 14% for the year, according to Reuters.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...