Thursday, 18 December 2014
Last updated 2 hours ago
Apr 4 2008 | 2:00am ET
With all of its hedge funds in negative territory this year, Och-Ziff Capital Management’s assets under management have fallen by almost $1 billion.
The New York firm’s assets dropped by $774 million in March, leaving it with $32.8 billion, Financial News reports. Last year, Och-Ziff’s assets soared by almost 50%.
The firm’s flagship fund is down 0.8% this year after a 0.69% decline last month. Its Global Special Investments Master Fund did somewhat better, falling by only 0.45% in March and 0.6% year-to-date. The firm’s Asia Master Fund did quite a bit worse, losing 2.38% last month, leaving it down 2.58% in 2008.
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.