Monday, 30 November 2015
Last updated 2 days ago
Dec 16 2011 | 10:36am ET
Add Prologue Capital’s Feeder Fund to the list of hedge funds that are in the black for 2011—the fund was up 8.02% through November.
The $1.3 billion global macro fund rose 1.92% last month, according to an investors letter viewed by Dow Jones Newswires, while its peers lost, on average 0.54% (according to Hedge Fund Research).
The letter attributed part of the November gains to "volatility, inflation and curve flattening trades together with relative value trades on the U.S. yield curve," without elaborating.
The fund also made money by shorting the euro against the U.S. dollar and by shorting the Swiss franc. Its gains, says Dow Jones, were partially offset by European and U.K. asset swaps.
The London and Greenwich, Conn.-based firm told investors it sees opportunities in shorting the euro and the Japanese yen against the U.S. dollar and betting against "front end volatility" in the U.S. or a stabilization in market conditions in the near term.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…