Saturday, 28 November 2015
Last updated 13 hours ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…