Citadel, Tudor Rise

Aug 11 2014 | 6:19am ET

A few prominent hedge funds bucked their money-losing peers last month, posting gains in a tough July for the industry.

Citadel Investment Group and Tudor Investment Corp. both made gains last month. The former’s flagship Kensington and Wellington funds added 2.7%, Bloomberg News reports, while the latter’s main fund added 1.6%. Kensington and Wellington are up nearly 10% on the year, while Tudor is down 2.6%.

New York-based Autonomy Capital Research also made money, returning 2.6% in July. The $3.3 billion macro firm is up 11% in 2014.

Renaissance Technologies was not so lucky: Its Institutional Diversified Alpha Fund fell another 2% last month, extending its year-to-date loss to 4.9%.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of