Wednesday, 30 July 2014
Last updated 6 min ago
Nov 7 2011 | 1:32pm ET
Two prominent London hedge funds are among the few to ride last month's equity market rally.
Horseman Capital and CQS both posted double-digit returns in October, a month that saw the Standard & Poor's 500 Index jump 11%. Horseman's Global Fund soared 18.5% last month, erasing its year-to-date losses and leaving it up 6.89% for the year, Reuters reports. The fund benefited from its investments in luxury goods companies and Chinese banks.
Meanwhile, CQS's flagship Directional Opportunities Fund leapt 13.8% last month. The US$1.3 billion fund returned 31.4% last year.
Directional Opportunities is managed by CQS founder Michael Hintze.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…