Wednesday, 20 August 2014
Last updated 2 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note