Tuesday, 30 September 2014
Last updated 1 hour ago
Nov 8 2011 | 10:37am ET
Odey Asset Management's putrid 2011 took a break last month.
The firm's flagship European fund jumped 9.1% in October, Reuters reports. London-based Odey will have to repeat that return over the last two months of the year to pull itself out of the hole it dug earlier; the fund remains down about 15% year-to-date.
Odey was one of a number of European hedge funds to do well from October's equity market rally. Egerton Capital's European fund rose 4.1% on the month, and Polygon Investment Partners' Convertibles fund 2.27%. The latter fund is up 11.61% on the year. CQS and Horseman Capital also posted big returns.
Across the English Channel, Bernheim Dreyfus' Diva Synergy Enhanced Fund added 2.37% (down 7.42% year-to-date).
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...