Sunday, 29 November 2015
Last updated 1 day 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.
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…