JAT Up 31% Through Sept.

Oct 13 2011 | 2:24am ET

JAT Capital Management has returned 31% through the first nine months of the year as the New York-based firm's short bets have paid off.

JAT dropped 3.2% last month. The $3 billion firm did post some big losses in its long book. But the firm's short bets helped offset those losses, Bloomberg News reports.

If JAT can hold on to most of those gains during the fourth quarter, it will post its third-straight year of double-digit returns. The fund rose 20% in 2009 and 11% last year.

That track record could prove useful if JAT decides to begin taking in new money again next year. The firm, whose assets have tripled this year, stopped taking new capital at the beginning of this month.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...