Sunday, 23 November 2014
Last updated 1 day ago
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%.
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…
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