RenTech, Tudor Up Double Digits

Dec 10 2013 | 4:02pm ET

It has not been a lost year for all hedge funds.

With the average hedge fund mired in the mid-to-high-single digits while the Standard & Poor's 500 Index surges towards a 30% return, 2013 is not likely to go down as one of the industry's best. But several well-known firms are easily beating the pack, though remaining far behind the broader markets.

Renaissance Technologies' Institutional Equities Fund is up 18% this year, according to Bloomberg News. Tudor Investment Corp.'s flagship BVI Global Fund has added 12%.

But Bridgewater Associates, the world's largest hedge fund, will—barring a torrid December—have to settle for mediocre this year: Its Pure Alpha II is up just 6.1% this year, in line with most industry indices.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...