Niederhoffer Up Almost 30% Through June

Jul 31 2013 | 9:59am ET

R.G. Niederhoffer Capital Management capped an impressive first half by recouping its May loss, but the hedge fund is taking a big hit in July.

Niederhoffer's Diversified Program ended the first half up 28.8%, after a 2% June jump. But the fund is now mired in one of its worst months in over a year, burned by the market rally and low volatility, ValueWalk reports.

Things are so bad that Niederhoffer declined to provide an in-month update on the fund, as is its standard practice.

In June, the program posted profits on the Japanese yen, U.S. fixed-income and stocks and ultra-short-term strategies.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.