Monday, 24 November 2014
Last updated 3 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).
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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