Wednesday, 23 July 2014
Last updated 14 hours ago
Jun 7 2012 | 12:32pm ET
May was a tough month for hedge funds in a year that has been particularly hard on commodities funds. But one prominent player had a very merry month of May, indeed.
Clive Capital jumped 8% on the month. And the US$3 billion fund needed too: It was down almost 5% through the first four months of the year.
Instead, the London-based firm is now up about 3.5% on the year.
Most of Clive's May gains came in the first three weeks of the month, as the hedge fund booked a 7% return as oil prices fell through the floor. Clive also shorted European coal, natural gas and energy futures.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…