Thursday, 30 July 2015
Last updated 14 hours ago
Dec 7 2011 | 1:58am ET
November was a markedly mixed month for several high-profile hedge fund managers.
First, the good: Ping Capital Management's exceptional value fund jumped 5.8% in a month that saw most hedge fund managers suffering losses of less than 1%, according to industry indices. The New York-based firm, founded by former SAC Capital Advisors trader Ping Jiang, has posted triple-digit returns in each of the past two years, but would likely settle for break-even in 2011. Its Exceptional Value Fund is down 5.02% through November, Dealbreaker reports.
Renaissance Technologies' Institutional Futures Fund didn't have as good a November as Ping, but it didn't need to: The fund is up 3.38% on the year after adding 0.46% last month.
Finally, the bad and the (really) ugly: Tudor Investment Corp. The hedge fund giant's Tensor Fund is down 10.17% with just one month left in 2011, having compounded its losses with a 1.27% decline last month.
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…