Friday, 27 November 2015
Last updated 1 day ago
May 13 2014 | 9:57am ET
April was a ho-hum month, at best, for the average hedge fund. For Segantii Capital Management, it was its best month ever.
Segantii’s six-and-a-half year old Asia-Pacific Equity Multi-Strategy Fund rose 8.3% last month, Bloomberg News reports. The jump erased the $638.9 million fund’s first-quarter losses and has it up 6% year-to-date.
Segantii focuses on North Asian stocks and equity-linked securities. Its relative-value strategy proved especially strong in April, returning 7.9%. The Hong Kong-based firm did not elaborate on which investments proved most successful.
Segantii has enjoyed annualized returns of 13.8% since its debut in late 2007, but suffered its first-ever losing year in 2013, dropping 1.7%.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…