Tuesday, 28 July 2015
Last updated 2 hours 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…