Monday, 26 January 2015
Last updated 3 hours ago
Nov 13 2012 | 12:03pm ET
Suffering, like many quantitative hedge funds, from mediocre performance all year, Woodbine Capital Advisors is trying to end 2012 with a bang.
The hedge fund rose 1.44% last month, ValueWalk reports. The gain leaves the fund up just 3.01% on the year, but it was in the face of a nearly 2% drop for the Standard & Poor's 500 Index in October.
Woodbine's returns last month were driven by its bets on European stocks, Spanish bonds, Brazilian interest rates and the U.S. dollar.
Going forward, Woodbine is stick with those investments. It is also adding to its holdings in Asia.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…