Saturday, 30 May 2015
Last updated 15 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…