Thursday, 21 August 2014
Last updated 11 hours ago
Nov 28 2012 | 1:08am ET
Two prominent hedge funds saw their losses extended last month, with time short to make up the damage this year.
Tudor Investment Corp. and Saba Capital Management both suffered losses in October, Bloomberg News reports. The former's Momentum Fund plunged 5.5% to bring its year-to-date loss to 8.3%, while its Tensor Fund fell into the black on the year with a 4.2% October decline. Tensor is down 3.3% on the year.
Saba is not quite as covered in red ink, losing only 0.5% last month. But the $5.6 billion hedge fund helmed by former Deutsche Bank trader Boaz Weinstein is down 1.3% on the year.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note