Tuesday, 22 July 2014
Last updated 15 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.
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…