Saturday, 20 December 2014
Last updated 1 day ago
Feb 7 2008 | 3:08am ET
Hedge fund Clarium Capital Management has continued its blistering pace entering the new year.
The $4 billion San Francisco-based global macro fund returned 24.4% in January, according to MarketWatch.
Clarium returned better than 40% last year, after its decision in October to short highly-leveraged financial services names and the U.S. dollar. It returned 9.8% in October, 5.4% in November and 13.1% in December, when it boosted its short bets.
“We have begun a post-Long Boom phase that can be called the Long Goodbye,” Clarium predicted in August. “Returns during the Long Goodbye will be lower—perhaps half as much—than those of the Long Boom.”
Clarium Capital is run by PayPal co-founder Peter Thiel.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.