Tuesday, 30 June 2015
Last updated 24 min ago
Jan 2 2014 | 1:57pm ET
SAC Capital Advisors is going out on a high note.
The legendary hedge fund, which is returning outside capital after settling criminal insider-trading charges, was up 20.1% through Dec. 27, it told investors Monday. The average hedge fund is up by only single digits this year.
SAC rose 1.88% last month.
SAC agreed to cease managing outside capital and become a family office in November, pleading guilty to insider-trading charges as part of a deal with federal prosecutors.
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…