As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 45 min ago
Jan 7 2013 | 12:54pm ET
Add Jana Partners and Omega Advisors to the ranks of hedge funds making bank last year, alongside Citadel Investment Group, Glenview Capital Partners and Third Point.
Jana's eponymous flagship hedge fund rose 23.2% last year, Reuters reports. The firm's Nirvana Fund did even better, jumping 33.3%.
Omega's main fund, for its part, added 26% on the year.
Third Point's funds rose between 21.1% and 33.6% last year, Citadel's two flagships rose 26% and Glenview's flagship was up almost 30% on Dec. 21.
Pershing Square Capital Management was not quite in that class. But the New York-based activist posted a 5.8% December return to boost its full-year return to a respectable 12.4%.