Sunday, 21 December 2014
Last updated 11 hours ago
Jan 7 2013 | 12:53pm ET
Greenlight Capital's strong 2012 ended on a sour note, with the hedge fund losing 2.8% in the year's last month.
Greenlight's December decline left the firm up 8.3% on the year.
New York-based Greenlight had been up by double-digits. But the firm has been hurt by two of its largest investments, in Apple Inc. and gold. The hedge fund also lost ground on Marvell Technology Group shares.
Despite the losses, Greenlight still handily topped the average hedge fund, which returned in the mid-single digits last year. But it badly lagged the broader markets; the Standard & Poor's 500 Index rose 16% in 2012.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.