Friday, 24 March 2017
Last updated 7 min 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.