Saturday, 28 November 2015
Last updated 1 day 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.
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…