Carlson Rises In January; Brevan, Tudor Fall

Feb 10 2014 | 11:32am ET

Prominent hedge funds handled last month's market volatility with varying degrees of success.

The Standard & Poor's 500 Index lost 3.5% in January while the average hedge fund fell by less than 1%, according to industry indices. But Carlson Capital managed to post gains in both its Black Diamond Relative Value Partners and Double Black Diamond funds, according to Bloomberg News.

The former gained 2.1% and the latter 1.5%.

Other well-known hedge funds did less well. Moore Capital Management's Macro fund lost 0.1%, while the firm's Global Investments fund shed 1.1%. Brevan Howard Asset Management's emerging-markets fund shed 1.6% on the month.

Things were even worse for Tudor Investment Corp.: That $13.7 billion firm's flagship BVI Global fund shed 2.1% in January.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

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

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of