Monday, 28 July 2014
Last updated 2 days ago
Apr 7 2008 | 2:00am ET
It’s been easy come, easy go, for Clarium Capital Management this year. The San Francisco-based hedge fund posted a 24.4% return in January, but plunged 9.9% last month, it told investors last week.
On the bright side for those investors, the $3.8 billion global macro fund, headed by PayPal co-founder Peter Thiel, remains up 15% year-to-date, Reuters reports.
Clarium blamed the March decline on losses on foreign equity holdings.
Clarium returned in excess of 40% last year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…