Tuesday, 30 September 2014
Last updated 2 hours ago
May 8 2013 | 8:53am ET
Top hedge funds posted mixed returns in April, with SAC Capital Advisors rising and Greenlight Capital and Renaissance Technologies falling.
SAC's International fund rose 1% last month and is up 5.6% on the year. Jana Partners' flagship fund rose 0.8% in April (7% year-to-date), while its Nirvana Fund hit double-digits for the year with a 1.2% jump on the month (10% YTD). Pine River Capital Management returned 0.6% last month (7% YTD).
Hutchin Hill Capital, however, topped all of them, rising 4.7% last month. The $1.1 billion New York-based hedge fund is up 8.8% on the year.
On the other side of the ledger, RenTech's Institutional Diversified Alpha Fund lost 2.4% in April, cutting its 2013 return to 6.6%, and Greenlight fell 0.6% on the month (up 5.5% YTD).
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...