Saturday, 5 September 2015
Last updated 6 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…