Friday, 22 August 2014
Last updated 40 min 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note