Two D.E. Shaw Funds Up 10%

Aug 29 2012 | 1:10pm ET

D.E. Shaw Group's flagship hedge fund is in position to post its second-straight double-digit year.

The $9 billion Oculus Fund rose 0.4% last month and is up 9.7% on the year. The quantitative fund returned 18% last year.

Oculus has suffered only one losing month this year, in April, when it lost 0.5%. Its best month of the year was January, when it rose 3.7%, ValueWalk reports.

The firm's two-year-old Heliant Fund is doing even better, up 10% this year despite a 1.8% drop last month. That fund manages $1.6 billion.

D.E. Shaw's $7 billion Composite Fund is up 3.8% on the year after shedding 0.2% in July.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of