Fortress Falls In August

Sep 17 2013 | 2:01pm ET

Fortress Investment Group's flagship hedge fund suffered its second-straight losing month in August, cutting its year-to-date gain to under 9%.

The Fortress Macro Fund shed 1.33% last month. The fund is up 8.75% on the year, ValueWalk reports.

Fortress' Asia Macro Fund also lost ground in August, falling 0.6% to cut its year-to-date return to 10.9%.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

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

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...