Thursday, 27 November 2014
Last updated 1 day ago
Jan 10 2012 | 12:05pm ET
Citadel Investment Group continued to bounce back from its awful 2008 last year, posting double-digit returns in all of its major hedge funds.
The Chicago-based industry giant saw its flagships soar as the average hedge fund shed about 4% in 2011. The Kensington and Wellington funds rose 20.4%, Reuters reports. And that was the bad news for the firm.
Citadel's other funds did even better: It's $2 billion global equities fund rose 21.4% on the year, while its $1.5 billion tactical fund returned an impressive 37.7%.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...