Wednesday, 1 April 2015
Last updated 24 min ago
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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…