JAT, Citadel, QuantZ Among Top Hedge Funds In '11

Oct 5 2011 | 1:05pm ET

A pair of prominent hedge funds are among the best-performers of the year with just three months to go in 2011.

JAT Capital Management and Citadel Invest Group are both up by double-digits this year, according to published reports. The former may be the best of all, having returned 37.4% through Sept. 23.

JAT, which has recently closed its fund to new investors, was up 1.8% with a week to go in September.

Citadel had more modest monthly and year-to-date returns, but impressive nonetheless. The Chicago hedge fund giant's flagship Kensington and Wellington funds rose 0.25% last month, buoyed by their global equities strategy, which rose 2.35% on the month. The two funds are now up 15.1% on the year, Institutional Investor reports.

Also up double-digits this year is QuantZ Capital Management's Quark Equity Market Neutral Fund, which rose 2.5% in September and is up 11.85%.

Others were not so lucky: Greenlight Capital added 0.2% on the month. But neither that gain—nor the fact that Greenlight was up, marginally, in the third quarter—can distract from the firm's 5.1% year-to-date loss.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of