Thursday, 31 July 2014
Last updated 12 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).
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…