Tuesday, 24 May 2016
Last updated 2 hours ago
Oct 24 2012 | 4:40am ET
D.E. Shaw Group is on the verge of capping off a very successful year.
The firm's flagship Oculus fund is up 13.4% through September, Dow Jones Newswires reports. The $9.5 billion fund is in position to continue its eight-year streak of no losing years.
The New York-based firm's global macro fund, Heliant, is doing even better, up 16.8% through three quarters. If the $1.7 billion fund can hold those gains, 2012 will be Heliant's best-ever year; the fund rose 9.2% last year and 3% in its first, 2010.