Tuesday, 28 July 2015
Last updated 12 hours ago
Dec 10 2013 | 3:02pm 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.
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…