Thursday, 27 November 2014
Last updated 1 day ago
Jul 2 2014 | 8:56am ET
Jana Partners enjoyed modest gains in the first half, well ahead of the average hedge fund but slightly lagging the broader markets.
The New York-based activist hedge fund returned 5.3% in the first six months of the year, capped by a 1.6% rise in June, reported The Wall Street Journal. By contrast, the average hedge fund returned under 2% through May, and the Standard & Poor’s 500 Index 6.8% in the first half.
The $10 billion firm did not break down its performance by position in its monthly investor update. But its new investments are doing well: Walgreen Co. has returned 28% this year and AerCap Holdings 21%.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...