Wednesday, 17 September 2014
Last updated 33 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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