Thursday, 29 January 2015
Last updated 5 hours ago
Jan 6 2012 | 10:11am ET
Last year was not a good one for the average hedge fund, but it was a great one for D.E. Shaw Group.
The New York-based hedge fund's flagship soared 18% in 2011, Dow Jones Newswires reports. Industry indices show that the average hedge fund lost about 4% last year.
Oculus focuses on quantitative trading. The fund returned 8.7% last year.
D.E. Shaw manages about $23 billion in assets.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…